Stocks set for gains | Bezos' texts sold | SEC: Musk never sought tweet approval

  • 📰 CNBC
  • ⏱ Reading Time:
  • 74 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Futures are pointing to a higher open on Wall Street, giving the Dow a shot at extending its win streak to five days.

U.S. stock futures were higher this morning, giving the Dow a shot at extending its win streak to five days and the S&P 500 and Nasdaq a chance at reaching fresh multi-month highs. The Dow fought its way back to virtually breakeven for March. * JP Morgan and Goldman Sachs are getting more bullish on India

Retailers DSW and Michaels Companies are among the handful of companies releasing quarterly earnings this morning, while FedEx and office furniture maker Steelcase are out with their numbers after today's closing bell. The White House laid out its case against progressive programs like"Medicare for All" and a wealth tax, while touting the projected benefits of its own economic agenda in a new report published today. Canadian officials are re-examining the approval the country gave to Boeing's 737 MAX jets. Transport Minister Marc Garneau said that no action might be taken, but that the move was wise in light of the worldwide grounding of the aircraft.

Netflix CEO Reed Hastings said the video streaming service will not make its movies or TV shows available on the new video offering that Apple is expected to announce next week. General Motors is keeping mum about its plans for its stake in Lyft, as the ride-hailing service gets set to go public. GM holds 35.7 million shares which could be worth nearly $1.3 billion, with some calling for the automaker to cash out and return the money to investors while others think the stake should be kept for strategic reasons.

Booking Holdings was downgraded to"market perform" from"outperform" at Telsey Advisory Group, with Telsey pointing to increased competition for the parent of Priceline and other travel sites from the likes of Airbnb and Google.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How about prohibiting Twitter accounts from corporate officers and elected officials 😁 Might make the media work harder for news, but maybe force getting straight scoop from “the horses mouth” AND ON THE RECORD!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks rise at the open on trade optimism, head for strong weekly gainsStocks rose at the open as investors cheered renewed optimism on the U.S.-China trade front. Wall Street also headed for strong gains for the week. You keep referencing a deal. That's already baked in. Numbers are climbing because people are realizing that the much feared (and reported) recession is not coming. Dow 27K soon. 😂 do you guys understand that is temporary and bubble is going to burst as investors who inject money into market for manipulation are running out of money and will start to withdraw their funds!!! Stocks posted strong weekly gains as investors cheered renewed optimism on the U.S.-China trade front on Friday.
Source: CNBC - 🏆 12. / 72 Read more »

Small Stocks’ Slide Prompts ConcernThe small-cap benchmark Russell 2000 index posted its worst week of 2019, falling nearly twice as much as the S&P 500. The small-cap benchmark’s 2% drop on Wednesday was its worst one-day performance since December.
Source: WSJ - 🏆 98. / 63 Read more »

Deutsche merger moves brighten mood for European stocksEuropean stocks extended a recent run of gains on Monday as a flurry of dealmaki...
Source: Reuters - 🏆 2. / 97 Read more »