U.S. markets are little changed early Thursday morning but continue to hover near all-time highs as a couple of high-profile companies report quarterly earnings.
Futures for S&P 500, Nasdaq and the Dow Jones Industrial Average are virtually unchanged before the opening bell. The S&P and Nasdaq both closed at record highs Wednesday.
PepsiCo shares inched up less than 1% after the snack and beverage giant reported better-than-expected revenue in the third quarter despite weaker demand for its snacks and drinks in North America. PepsiCo's net income fell 11% to $2.6 billion, but adjusted for one-time items the company earned $2.29 per share, beating analysts’ forecasts by 3 cents.
Delta Air Lines easily topped Wall Street expectations for third quarter profit. Delta expects recent momentum