US Stock Market Update

Investing.com — US stock futures slipped lower Wednesday, as investors digested more corporate earnings amid rising Treasury yields and political uncertainty.

Premarket US Stock Movers

• McDonald’s (NYSE:MCD): Stock fell 6.8% after an E. coli outbreak linked to its Quarter Pounder hamburgers resulted in one death and 49 illnesses in the U.S.
• AT&T (NYSE:T): Stock rose 2.8% as the telecom giant gained more wireless subscribers than expected in Q3, driven by its higher-tier unlimited plans offering increased hotspot data.
• Coca-Cola (NYSE:KO): Stock fell 2.1% despite beating quarterly earnings expectations, as sluggish demand persisted.
• Texas Instruments (NASDAQ:TXN): Stock rose 3.4% after Q3 income topped expectations, fueled by momentum in electric vehicles in China.
• Starbucks (NASDAQ:SBUX): Stock fell 3.9% after preliminary Q4 results showed declines in same-store sales, net revenue, and profit due to weaker demand in the U.S.
• Qualcomm (NASDAQ:QCOM): Stock fell 3.8% as partner Arm Holdings scrapped a key license for chip design.
• Boston Scientific (NYSE:BSX): Stock rose 1.1% after raising full-year earnings guidance following strong Q3 results.
• American Airlines (NASDAQ:AAL): Stock fell 0.3% after the U.S. Transportation Department fined the carrier $50 million for its treatment of disabled passengers.
• Hilton Worldwide (NYSE:HLT): Stock fell 4.3% after lowering annual room revenue growth forecasts due to reduced domestic travel spending by U.S. consumers.