Futures drop as megacaps retreat ahead of key jobs data [Yahoo! Finance Canada]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: Yahoo! Finance Canada
of jobs opening data and a series of other crucial U.S. labor market reports due throughout the week for monetary policy cues. Microsoft, Apple and Amazon.com slipped in premarket trading after jumping 2%-3% in the previous day. Tesla shed 1% after Monday's 6% jump ahead of the EV maker's June-quarter deliveries, expected to fall for two straight quarters for the first time. AI chip leader Nvidia also dropped 1.4%, with other semiconductor stocks such as Micron Technology, Marvell Technology and Arm Holdings also slipping nearly 1%. On the data front, the job openings and labor turnover survey, or JOLTS, is due after market open and is expected to show job openings fell to 7.910 million in May from 8.059 million in the previous month. ADVERTISEMENT The data would be crucial in determining the state of the U.S. labor market, which remains somewhat resilient even against the backdrop of decades-high interest rates - a key determinant of economic health. The other jobs data t
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MU
Earnings
- 6/26/24 - Beat
MU
Sec Filings
- 7/2/24 - Form 4
- 7/1/24 - Form 4
- 6/27/24 - Form 144
- MU's page on the SEC website