IBM's Strong Performance Amidst Uncertain Economy: Live Updates
Stock futures remained steady as investors awaited the fourth-quarter GDP report, with Dow Jones Industrial Average futures edging up 0.09% and S&P 500 and Nasdaq 100 futures hovering near the flat line. Tesla's stock dropped over 5% after missing fourth-quarter estimates, while IBM's shares surged more than 8% following better-than-expected earnings and revenue. The FAA's halt on Boeing's 737 Max production expansion caused a nearly 4% decline in Boeing shares. West Texas crude oil touched a four-week high, with March futures gaining almost 5% in 2024.