Stock futures higher | Chevron to Buy Anadarko Petroleum | Banks report earnings

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Stock futures are indicating an opening rally, as Wall Street tries to register another positive week.

U.S. stock futures were higher this morning. The Dow remains on track for its first losing week in three, but the Nasdaq is on track for a third straight positive week and the S&P 500 is likely to do the same by moving into positive territory for the week at the open. div > div.group > p:first-child"> Chevron announced plans this morning to acquire oil and gas producer Anadarko Petroleum in a cash and stock deal the company valued at $33 billion.

Gregory Craig, who was White House counsel under President Barack Obama, was indicted on charges of lying and hiding information related to his work for Ukraine. He faces up to five years in prison for each of the two counts. SpaceX launched its Falcon Heavy rocket on its inaugural commercial mission yesterday evening. This was the second flight for Falcon Heavy, which became the most powerful rocket in use in the world after SpaceX's successful test flight in 2018.

Toyota told Reuters it has been contacted by more than 50 companies since announcing free access to various electric vehicle patents last week.

 

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Energy stocks in broad rally premarket after Chevron buyout deal of AnadarkoShares of oil and gas companies were broadly higher in premarket trade Friday, outside of Chevron Corp.'s stock , which shed 4.0% after the $33 billion...
Source: MarketWatch - 🏆 3. / 97 Read more »