Futures Drop, Dollar Gains After Latest China Stimulus Disappoints [zero hedge]
Arista Networks, Inc. (ANET)
Last arista networks, inc. earnings: 2/13 04:05 pm
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Source: zero hedge
Futures Drop, Dollar Gains After Latest China Stimulus Disappoints The record election rally has finally fizzled and futs are slightly lower after China's stimulus package revealed this morning disappointed investors. As of 8:00am ET, S&P futures were trading at exactly 6,000, down 0.1% from the first ever closing high above 6,000 but still on track for its best week in a year on the prospect of tax cuts and deregulation under Trump. Nasdaq futures are down 0.3%. Bond yields are 3bp lower after the Federal Reserve delivered a quarter-point interest-rate cut and left the door open for further easing next month; the dollar reversed some of yesterday's sharp losses when markets fretted they had taken Trump trades too far (they haven't). Oil is down but base metals are higher. Overnight, Chinese stock futures and the yuan are lower having extended declines after authorities announced a total 10 trillion yuan ($1.4 trillion) program to refinance local government debt, which was disappointi
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ANET
Earnings
- 11/7/24 - Beat
ANET
Sec Filings
- 2/14/25 - Form 144
- 2/10/25 - Form 4
- 2/6/25 - Form 144
- ANET's page on the SEC website