NY Stock Futures Little Changed: Barron's Daily

Stock futures were down slightly Monday (Tuesday, June 27, 2023, in Manila) as investors awaited earnings reports throughout the week, Angela Palumbo reported for Barron’s Daily.

Photo Insert: Futures for the Dow Jones Industrial Average (DJIA) slipped 8 points, or less than 0.1%. S&P 500 futures and Nasdaq Composite futures were down 0.1%.

Futures for the Dow Jones Industrial Average (DJIA) slipped 8 points, or less than 0.1%. S&P 500 futures and Nasdaq Composite futures were down 0.1%.

Carnival hit an iceberg on Monday, sinking 11.1% through 1 p.m. ET despite exceeding expectations for 2023's second-quarter sales and earnings. Wall Street had forecast a $0.34 per-share loss for Carnival on sales of $4.8 billion.

As it turned out, Carnival lost less money than anticipated -- only $0.32 per share -- and recorded more revenue than hoped -- $4.9 billion, Rich Smith reported for Motley Fool.

Analysts are expecting the cruise operator to post a loss of 34 cents a share on revenue of $4.79 billion, the Associated Press (AP) and Yahoo Finance also reported.

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