A lot of things are happening today.
Ferrari shares are set to begin trading, earnings season is in full swing and some key stocks are on the move.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Vroom
Shares in Ferrari are set to debut on the New York Stock Exchange Wednesday. The ticker symbol will be "RACE."
Shares in the company were priced at $52 each, which was at the top end of the range.
Ferrari is being spun out from parent company Fiat Chrysler Automobiles (FCAM), which also owns the Maserati, Jeep and Dodge brands.
2. International stock market overview
European markets are all declining in early trading, which is setting a rather negative tone in the markets.
But U.S. stock futures are holding steady and not moving very far from their Tuesday closing levels.
Asian markets ended with mixed results.
On Tuesday, the Dow Jones industrial average and the S&P 500 each dipped 0.1%, while the Nasdaq shrunk back by 0.5%.
3. Market movers
Chipotle, Credit Suisse, Yahoo: Chipotle (CMG) shares dipped more than 7% in extended trading after releasing its latest earnings. The company reported sales growth continues to slump.
Shares in Credit Suisse (CS) are declining by about 5% in Europe after the bank announced plans to raise about 6 billion francs ($6.3 billion) following disappointing earnings results. The bank also announced cost-cutting plans and some changes to top management.
Shares in Yahoo (YHOO, Tech30) are also dipping by 2% premarket after the tech giant reported results that came in slightly below Wall Street expectations. The company also vowed to carry through on plans to spin-off Alibaba (BABA, Tech30).
4. Earnings
Many companies including General Motors (GM), Boeing (BA), Coca-Cola (KO) and Tupperware (TUP) will post quarterly results ahead of the opening bell.
Another round will come after the closing bell. We'll hear from American Express (AXP), Texas Instruments (TXN), eBay (EBAY) and SanDisk (SNDK).
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook: