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Lyft, Caesars, Zillow, Dogecoin: What to Watch When the Stock Market Opens Today

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Here’s what we’re watching before Wednesday’s trading action kicks off

The ADP employment reportIHS Markit’s U.S. services indexThe Institute for Supply Management’s services indexMarket Movers to Watch

Caesars Entertainment shares shot 5.9% higher. The casino company reported another big loss in the first quarter, but outlined a strong rebound in the works in Las Vegas. Hyatt Hotels edged up 0.3% premarket. The hospitality company reported a more-than-doubled loss in the first quarter, but said it remains optimistic about demand growth in the coming months.

Activision Blizzard shares rose 5.4% ahead of the bell. The videogame maker’s quarterly results and forecasts topped Wall Street expectations, driven by its “Call of Duty” franchise.

 

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