| What to watch today: Wall Street looks steady, oil spikes to near 14-year highs | | |  | THU, MAR 03, 2022 | | | | AS OF THU, MAR 03, 2022 • 08:55 ET | | Dow Jones Fut | | 33,891.35 | | Current: | 33,988.00 | | Change: | 139.00 | | Impl. Open: | 135.65 | | | S&P 500 Fut | | 4,386.54 | | Current: | 4,399.00 | | Change: | 17.25 | | Impl. Open: | 16.16 | | | NASDAQ 100 Fut | | 14,243.69 | | Current: | 14,285.00 | | Change: | 45.75 | | Impl. Open: | 47.31 | | | Russell 2000 Mini | | 2,058.87 | | Current: | 2,063.10 | | Change: | 7.00 | | Impl. Open: | 3.93 | | | The 10-year Treasury yield traded around 1.86% on Thursday, a day after its biggest one-session jump since March 2020 the month the Covid pandemic started as investors sold bonds and flocked to stocks and other risker assets. The volatility on Russia-Ukraine uncertainty sent bond prices higher Tuesday, which inversely sent the 10-year yield below 1.7%. (CNBC) | | | As Russia's invasion of Ukraine entered its second week, the United Nations said Thursday that more than 1 million people have fled Ukraine, in the swiftest refugee exodus this century. Russia has said Kyiv's residents will be allowed to evacuate the city in the direction of Vasylkiv, to the southwest of the city. (AP)
With a column of tanks and other vehicles apparently stalled for days outside Kyiv, explosions rocked the Ukrainian capital city overnight. One video on social media showed a huge fireball rising into the sky. The targets of the explosion are not yet known. NBC News was working to verify the social media posts. (CNBC) | | | | The House panel investigating the Jan. 6 insurrection at the U.S. Capitol said Wednesday for the first time that its evidence suggests crimes may have been committed by former President Donald Trump and his associates in the failed effort to overturn the outcome of the 2020 presidential election. (AP) | | | | Best Buy (BBY) on Thursday reported fourth-quarter revenue that fell short of expectations and per-share earnings that matched estimates. However, the stock gained 9% in the premarket, even as the consumer electronics retailer also delivered a weaker-than-expected outlook for fiscal 2022. Best Buy is lapping challenging year-over-year comparisons when the pandemic and stimulus checks fueled sales. (CNBC) | | | | Shares of Snowflake (SNOW) sank roughly 20% in Thursday's premarket, the morning after the cloud software company forecast slowing product revenue growth, which makes up most of total sales. Snowflake's better-than-expected revenue grew 101% year over year in its fiscal fourth quarter. But that's the slowest sales growth since at least 2019. (CNBC) |  Apparel chain American Eagle Outfitters (AEO) expects earnings to decline in the first half of 2022, after hitting a more than 10-year high last year, as benefits from the federal stimulus fade and freight expenses spiral upward. Shares fell 4% in the premarket. (CNBC)
* Cramer's Investing Club: AEO's cautious guidance is rooted in temporary headwinds (CNBC) | | | | Peloton (PTON) co-founder and ex-CEO John Foley has sold about $50 million in stock to an investment firm backed by Michael Dell, MSD Partners, according to a securities filing. Foley stepped down from the CEO role in February, and was replaced by former Netflix and Spotify executive Barry McCarthy. (CNBC) | | | | Tesla (TSLA) CEO Elon Musk said he's open to the United Auto Workers holding a vote about organizing the electric automaker after long resisting such a move. Tesla's lack of unionization has left it on the outs with the Biden administration as the president pushes to get Americans to embrace union-made EVs. (WSJ) | | | | |
Tidak ada komentar:
Posting Komentar