Advertisement
UK markets closed

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • CRUDE OIL

    83.01
    +1.11 (+1.36%)
     

  • GOLD FUTURES

    2,342.00
    -4.40 (-0.19%)
     

  • DOW

    38,497.05
    +257.07 (+0.67%)
     

  • Bitcoin GBP

    53,610.81
    +517.04 (+0.97%)
     

  • CMC Crypto 200

    1,435.56
    +20.80 (+1.47%)
     

  • NASDAQ Composite

    15,690.73
    +239.42 (+1.55%)
     

  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

US STOCKS-Chipotle, Coca-Cola among biggest premarket movers

Reuters - UK Focus

By Ryan Vlastelica

NEW YORK, Oct 21 (Reuters) - Coca-Cola Co and Chipotle Mexican Grill (NYSE: CMG - news) were among the most active names of Tuesday's premarket session, with both stocks falling on heavy volume.

Chipotle lost 5.2 percent to $618.80 before the bell a day after the burrito chain reported another acceleration in quarterly restaurant sales growth but signaled that such momentum couldn't last forever.

The stock has been a trading favorite this year, up about 23 percent in 2014, based on Monday's closing price. That easily outpaces the S&P 500's rise of about 3 percent.

Coca-Cola lost 3 percent to $41.97 after the Dow component said it expects to be below its long-term earnings growth outlook for the year, with currency exchange rates serving as a headwind.

ADVERTISEMENT

Also moving on results was Verizon Communications Inc (Xetra: 868402 - news) , which rose 0.7 percent to $48.80 after reporting revenue that was modestly above expectations.

The overall market was higher, with U.S. stock index futures pointing to a fourth straight session of gains. Technology shares were especially poised for outperformance following strong results from both Apple Inc (NasdaqGS: AAPL - news) and Texas Instruments Inc.

Apple rose 1.9 percent to $101.68 in heavy premarket trading a day after it reported revenue that topped expectations, helped by strong sales of its iPhone line. It also gave a strong outlook for the holiday quarter.

Chipmaker Texas Instruments also posted revenue that beat forecasts, easing concerns about weak industry demand following IBM (NYSE: IBM - news) 's results. The stock rose 2.5 percent to $45.50 before the bell.

Futures snapshot at 7:39:

* S&P 500 e-minis were up 12.25 points, or 0.64 percent, with 307,145 contracts changing hands.

* Nasdaq 100 e-minis were gaining 32 points, or 0.83 percent, in volume of 47,749 contracts.

* Dow e-minis were up 82 points, or 0.5 percent, with 41,064 contracts changing hands. (Editing by Lisa Von Ahn)