Stock market premarket report: Top news and market movers today

Pre-market overview

The pre-market session is one of the most important times for investors to track the stock market. It’s the period of trading that occurs before the official market open, and it can provide valuable clues about what to expect for the day ahead. During this time, traders can take advantage of opportunities to buy or sell stocks at prices that may be different from the previous closing price.

One of the top indicators to watch during the pre-market session is the futures market. Stock index futures are contracts to buy or sell a basket of stocks, and they provide an indication of how the market is likely to perform when the trading day begins. A positive or negative move in the futures market can set the tone for the rest of the day.

Another factor to consider is news announcements that may impact individual stocks or the overall market. Earnings reports, economic data releases, and geopolitical events can all move the market, and traders will be monitoring these developments closely during the pre-market session.

Top pre-market movers

Here are some of the top pre-market movers to watch today:

**1. Tesla (TSLA)**: Tesla shares are up in pre-market trading after the electric car maker reported better-than-expected earnings for the second quarter. The company earned $1.45 per share on revenue of $11.96 billion, beating analysts’ estimates. Tesla also said it expects to be able to build its Cybertruck at its new factory in Austin, Texas later this year.

**2. Amazon (AMZN)**: Amazon shares are down in pre-market trading after the company reported second-quarter earnings that fell short of expectations. The e-commerce giant earned $15.12 per share on revenue of $113.08 billion, missing analysts’ estimates. Amazon also warned that sales growth would slow in the upcoming quarter.

**3. Coca-Cola (KO)**: Coca-Cola shares are up in pre-market trading after the company reported second-quarter earnings that beat expectations. The soft drink giant earned 68 cents per share on revenue of $10.13 billion, surpassing analysts’ estimates. Coca-Cola said it expects sales to continue to improve in the rest of the year.

Market outlook

The stock market is likely to be impacted by a number of factors today, including the ongoing COVID-19 pandemic and geopolitical tensions around the world. Investors will also be monitoring the latest economic data, including the weekly jobless claims report and the Federal Reserve’s latest policy statement.

Overall, the market is expected to be volatile as traders react to news announcements and new developments. It’s important for investors to stay informed and stay disciplined in their investment strategies, especially during times of high volatility. By keeping an eye on the pre-market session and staying up to date on the latest news, investors can make informed decisions and take advantage of opportunities as they arise.