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PRE MARKET/THE OPEN

ByGary Kaltbaum

Something about China/Hong Kong and a house resolution hit futures but not that bad.

BUT as we write this:

WDAY down $17…COUP down $10…ADBE down $9…NOW down $20…MDB down $6… INTU down $5…CRM down $4…VEEV down $5…not sure blow-ups on some downgrades and WDAY just saying expenses may go up a little bit is a good thing for this group. Keep in mind, this group has been struggling for a few months now.

Also…leading SEMICONDUCTOR name down $9 on their earnings.

But FINANCIALS acting better off of earnings. Major indices (the big 4) continue to act better.