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What to watch today: Mixed market opening, Home Depot sales miss and China calls out big tech

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U.S. stock futures are pointing to modest gains at the Wall Street open, as stocks look to continue a rally that has seen the Dow and S&P 500 rise for 3 straight days and the Nasdaq for 2 consecutive sessions.

for its Apple TV+ service. Apple previously said to expect its streaming service focusing on original content to launch in the fall, and a Financial Times report said Apple is looking to turn its service live in the next two months, before Disney+ launches on November 12. Sarepta Therapeutics said the Food and Drug Administration did not approve its new treatment for Duchenne muscular dystrophy, pointing to safety concerns.

J.C. Penney chairman Ronald Tysoe bought 1 million of the retailer's shares last week at 59 cents per share, according to an SEC filing. That comes just a few days after the stock set a record low at 53 cents per share.

 

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