Tesla, Berkshire Hathaway, Moderna: What to Watch When the Stock Market Opens Today

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Shares of Covid-19 vaccine makers, including Moderna and Novavax, rose in premarket trading

Here is what we’re watching as markets kick into gear on Monday.rose Monday ahead of manufacturing data that could offer fresh insights into the pace of the global economic recovery.

Futures tied to the S&P 500 pointed to further gains for the broad market index after closing out its best month since November. Contracts linked to the Dow Jones Industrial Average also rose.Key gauges of U.S. manufacturing activity in April are due out at 9:45 a.m. ET and 10 a.m. Fed Chairman Jerome Powell will be speaking at 2:20 p.m. at the National Community Reinvestment Coalition’s 2021 Just Economy Conference.Tesla slipped 0.9% ahead of the opening bell. A German trade magazine reported Sunday that Tesla’s gigafactory in Berlin is likely to be delayed by six months.

Berkshire Hathaway rose 1.1% premarket after the company’s annual meeting over the weekend. Warren Buffett defended the company’s recent

 

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