1. Earnings roll on: Newell Brands, SeaWorld Entertainment, Sotheby's and Tyson Foods will release earnings before the open. Hertz Global, Marriott, Weight Watchers and Zillow will follow after the close.
|
 |
| Where U.S. stocks are heading | | Dow
Futures | | Nasdaq
Futures | | S&P
Futures | | +17.00 | | +8.50 | | +1.25 | | +0.07% | | +0.11% | | +0.04% | | | |
| |
| | | Japan | | China | | U.K. | | Nikkei 225 | | Shanghai Composite | | FTSE 100 | | -17.86 | | -35.29 | | +13.59 | | 22,507.32 | | 2,705.16 | | 7,672.69 | | -0.08% | | -1.29% | | +0.18% | | | |
| |
| | | Biggest Winners | | Berkshire Hathaway Inc | +2.38% | | | | Advanced Micro Devices Inc | +1.68% | | | | PG&E Corp | +1.05% | | | | Applied Materials Inc | +1.00% | | | Biggest Losers | | Praxair Inc | -5.00% | | | | Intel Corp | -1.49% | | | | Micron Technology Inc | -0.95% | | | | Freeport-McMoRan Inc | -0.70% | | | | | | | |
| |
| |
| News: What you need to know about the markets | | | | | | | Big earnings day; Berkshire on the move; SoftBank cashes in | | By Alanna Petroff | | | | 1. Earnings roll on: Newell Brands, SeaWorld Entertainment, Sotheby's and Tyson Foods will release earnings before the open. | | | | Hertz Global, Marriott, Weight Watchers and Zillow will follow after the close. | | | | HSBC reported a pretax profit of $10.7 billion for the first half of the year, up 5% from the same period in 2017. SoftBank said its operating profit surged nearly 50% in the first quarter, thanks in part to the sale of its stake in Indian e-commerce firm Flipkart. | | | | 2. Global stock market overview: US stock futures were looking soft. | | | | European markets inched lower in early trading, with Germany's DAX dropping 0.6%. Data showed that German factory orders fell 4% in June compared to May. | | | | "Soft German orders data are reviving fears that the European economy is heading in the wrong direction again," said Kit Juckes, a market strategist at Societe Generale. | | | | Asian markets ended the day with mixed results. The Shanghai Composite shed 1.3%. | | | | The Dow Jones industrial average gained 0.1% last week. The S&P 500 and Nasdaq posted stronger gains of 0.8% and 1% over the week. | | | | 3. Stock market mover — Berkshire Hathaway: Shares in Berkshire Hathaway were set to jump at the open after the conglomerate released earnings on Friday after the close. | | | | The filings show that Berkshire's 5% stake in Apple is now worth nearly $50 billion. That's by far the most valuable stake it has in any one company. | | | | Berkshire's quarterly operating profits shot up 67% to $6.9 billion. | | | | Berkshire is led by Warren Buffett and operates in the insurance, utility, manufacturing and railroad sectors. It also has a vast investment portfolio. | | | | Before the Bell newsletter: Key market news. In your inbox. Subscribe now! | | | | 4. Sanctions pain: The United States is reimposing sanctions on Iran on Monday, barring Iranian purchases of dollars and metals including gold. It will also prevent Americans from buying the Iranian currency, the country's debt and some Iranian goods. | | | | The sanctions are part of the Trump administrations' decision to pull out of a deal aimed at preventing Iran's development of nuclear weapons. | | | | More sanctions, mostly involving energy and shipping, will take effect November 4. | | | | The Turkish lira hit a fresh record low against the US dollar on Monday amid rising tensions with the United States. The US Treasury Department placed sanctions last week on Turkey's ministers of justice and interior over the detention of pastor Andrew Brunson. | | | | Markets Now newsletter: Get a global markets snapshot in your inbox every afternoon. Sign up now! | | | | | | | |
| | | | | | Monday — Marriott, Weight Watchers and Hertz earnings
Tuesday — Disney, Snap, Papa John's and Avis Budget earnings
Wednesday — 21st Century Fox, CVS Health and New York Times earnings
Thursday — Viacom earnings, Samsung holds its "Unpacked" event where it's expected to unveil a new Galaxy smartphone
Friday — US monthly inflation report | | | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $69.53 | +1.04 / +1.52% | | | Gold | $1,218.60 | -4.60 / -0.38% | | | 10-yr | 2.95% | -0.03 / -1.11% | | | Euro | $1.15 | -0.00 / -0.14% | | | |
| |
Hi, let us know what you
think of this newsletter! | | | Tell us what you want to read more of... and less of.
Email your tips and feedback to BeforeTheBellFeedback@cnn.com | | |
| |
| |
| |
| | Tips, thoughts or questions are always welcome at
BeforeTheBellFeedback@cnn.com. | | | ® © 2018 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNNMoney's "Before The Bell" newsletter.
Our Mailing address is:
Cable News Network, Inc.
Attention: Privacy Policy Coordinator
One CNN Center, 13 North
Atlanta, GA 30303 | | | | |
No comments:
Post a Comment