1. Prime time: Amazon's third annual Prime Day kicks off at 9 p.m. ET on Monday and runs for 30 hours. Amazon is again promising big deals to its Prime members around the world and says new deals will be offered every five minutes.
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| Where U.S. stocks are heading | | Dow
Futures | | Nasdaq
Futures | | S&P
Futures | | +2.00 | | +22.75 | | +3.75 | | +0.01% | | +0.40% | | +0.15% | | | |
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| | | Japan | | China | | U.K. | | Nikkei 225 | | Shanghai Composite | | FTSE 100 | | +151.89 | | -5.32 | | +23.76 | | 20,080.98 | | 3,212.63 | | 7,374.68 | | +0.76% | | -0.17% | | +0.32% | | | |
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| Key Stats | Latest | Today's Change | | | Oil | $43.86 | -0.37 / -0.84% | | | Gold | $1,206.50 | -3.20 / -0.26% | | | 10-yr | 2.39% | +0.02 / +0.97% | | | Euro | $1.14 | -0.00 / -0.11% | | | |
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| News: What you need to know about the markets | | | | | | | Amazon's time to shine; Tesla's big reveal; Sunny stocks | By Alanna Petroff
Monday, July 10th, 5:25am | | | | 1. Prime time: Amazon's third annual Prime Day kicks off at 9 p.m. ET on Monday and runs for 30 hours. | | | | Amazon is again promising big deals to its Prime members around the world and says new deals will be offered every five minutes. | | | | Amazon says customers who do not already have Prime memberships can sign up as late as Tuesday to take advantage of the deals. A membership costs around $100 per year. | | | | 2. Model 3 arrives: Tesla CEO Elon Musk is making headlines again after posting photos online of his company's first mass market electric car, the Model 3. | | | | The first model rolled off the production line over the weekend. A board member gifted the debut car to Musk as a present on his 46th birthday. | | | | Other models produced by Tesla sell for eye-popping prices, and the new four-door sedan is intended to be much more affordable. | | | | Shares in Tesla tanked last week over concerns about its ability to produce enough cars to meet demand. | | | | Before the Bell newsletter: Key market news. In your inbox. Subscribe now! | | | | 3. Nerves of steel: The Trump administration could announce plans for new international steel tariffs as soon as Monday. | | | | The administration argues that the U.S. is too dependent on foreign steel for military equipment and infrastructure such as roads and bridges. | | | | By invoking national security concerns, Trump has broad powers to implement new tariffs. | | | | The big questions are: How big could the tariffs be and who could be targeted? | | | | 4. Brexit Britain: A new survey from Visa showed that spending by British households dipped 0.3% in the second quarter over the same period last year. | | | | That's the worst performance in nearly four years, and the latest sign that consumers are feeling the heat ahead of the U.K.'s departure from the European Union. | | | | 5. Stock market overview: Stocks are looking sunny right now. | | | | U.S. stock futures are pointing up. Nearly all European markets rose in early trading. | | | | Most Asian markets ended the day with gains. | | | | This follows a positive Friday when the Dow Jones industrial average, S&P 500 and Nasdaq all rose by 0.4% to 1%. Investors were reacting to a better-than-expected U.S. jobs report. | | | | Download CNN MoneyStream for up-to-the-minute market data and news | | | | | | | |
| | | | | | Monday -- Amazon Prime Day starts in the evening; World Petroleum Congress in Istanbul; Eurozone finance ministers meet
Tuesday -- Pepsi earnings; Amazon Prime Day continues; International Energy Agency publishes annual World Energy Investment Report
Wednesday -- Federal Reserve chair Janet Yellen begins two days of back-to-back hearings about monetary policy before House and Senate lawmakers; OPEC issues monthly oil report; U.K. releases unemployment figures
Thursday -- Delta Air Lines earnings
Friday -- JPMorgan Chase, Citigroup and Wells Fargo earnings; President Trump in Paris for Bastille Day | | | | | | | |
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