| What to watch today: Stocks set to take a breather after Dow, S&P 500 closing records | | |  | TUE, APR 06, 2021 | | | | AS OF TUE, APR 06, 2021 • 08:57 ET | | Dow Jones Fut | | 33,527.19 | | Current: | 33,332.00 | | Change: | -83.00 | | Impl. Open: | -77.19 | | | S&P 500 Fut | | 4,077.91 | | Current: | 4,059.00 | | Change: | -8.75 | | Impl. Open: | -8.91 | | | NASDAQ 100 Fut | | 13,598.16 | | Current: | 13,583.50 | | Change: | -2.00 | | Impl. Open: | -2.66 | | | Russell 2000 Mini | | 2,264.89 | | Current: | 2,258.80 | | Change: | -4.30 | | Impl. Open: | 3.11 | | | On today's economic calendar, the Labor Department releases its monthly JOLTS, job opportunities and labor turnover survey, at 10 a.m. ET. Economists expect 7 million job openings as of the end of February, up slightly from 6.9 million the previous month. (CNBC) | | Credit Suisse (CS) announced several high-level staff departures and proposed a cut to its dividend in the fallout from the Archegos Capital saga. The Swiss-based lender now expects a first-quarter pretax loss of around $960 million, after taking a $4.7 billion charge as a result of the U.S. hedge fund's meltdown. (CNBC) | | | | According to the office of Senate Majority Leader Chuck Schumer, D-N.Y., the Senate parliamentarian ruled the chamber can use budget reconciliation an additional time to pass legislation without Republican votes. Democrats are trying to pass President Joe Biden's more than $2 trillion infrastructure plan, and they aim to push through an economic recovery bill. (CNBC) | | | | Efforts to bring the United States back into the 2015 deal on Iran's nuclear program stepped up a gear Tuesday as Iran and the five world powers still in the accord were meeting in Vienna while the U.S. is due to start indirect talks with Tehran. (AP) | | | | Topps, best known for its baseball cards and Bazooka candy line, has agreed to go public through a merger with the Mudrick Capital Acquisition Corporation II (MUDS) special purpose acquisition company, valuing Topps at $1.3 billion. Former Disney CEO Michael Eisner will stay on as Topps' chairman. (CNBC) | | Tesla (TSLA) is only worth $150 per share, according to Roth Capital senior research analyst Craig Irwin. Irwin called Tesla only a "minor player" in the U.S. and European markets, telling CNBC that people wrongly assume that Tesla has no competition. Tesla shares closed Monday at $691 each. | | | | GameStop (GME) stock is down 1% in Tuesday's premarket trading after a volatile session Monday following news that the video game retailer planned to issue up to 3.5 million shares. | | | | Signet Jewelers (SIG) announced a deal to buy jewelry subscription services Rocksbox for an undisclosed amount. | | | | Cara Therapeutics (CARA) shares surged 11.4% premarket following news that the biopharmaceutical company's stock will be added to the S&P SmallCap 600 index, effective on Wednesday. | | | | Illumina (ILMN) issued preliminary current-quarter and full-year guidance that exceeded current analyst estimates. The life sciences company said its projected results are being driven by record orders in its gene-sequencing and related businesses. Illumina jumped 9.2% in premarket action. | | | | Snap (SNAP) shares gained 1.5% in premarket action following an upgrade at Atlantic Equities, which now rates the Snapchat parent's stock at "overweight" vs. the prior "neutral." The firm cites valuation as a key factor, as well as Snap's transformation from a messaging-centric platform to a broad content platform. | | | | Energy producer Phillips 66 (PSX) said it will report a larger-than-expected first-quarter loss, stemming from the severe winter weather in central and southern U.S. states that crippled its Gulf Coast petrochemical operations. Phillips fell 1.3% in premarket trading. | | | | Southwest AiWrlines (LUV) recalled 209 pilots from voluntary leave, with plans to return them to active duty on June 1. The move comes in anticipation of a summer rebound in travel demand. | | | | Beijing-based Niu Technologies (NIU) reported sales of 149,649 e-scooter sales during its first quarter, compared to 40,160 in the year-ago quarter. Niu Technologies shares rose 1% in premarket trading. | | | | Credit Suisse named BlackRock (BLK) a top pick, saying it expects "robust organic growth" from the world's largest money manager, stemming from an attractive business mix. | | The Gonzaga Bulldogs ended their nearly perfect season last night with an out-of-synch 86-70 drubbing at the hands of the Baylor University Bears, who claimed their first NCAA men's basketball championship. The loss ended Gonzaga's hopes to be the first unbeaten national champion since Indiana did it in 1976. (AP) | | |
Tidak ada komentar:
Posting Komentar