1. Car trouble in Japan: Shares in Suzuki, Yamaha and Mazda took a hit on Thursday after Japanese regulators said the automakers had admitted to improper handling of fuel economy and emissions tests. Suzuki stock dropped 6%. Yamaha and Mazda suffered smaller losses.
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| Where U.S. stocks are heading | | Dow
Futures | | Nasdaq
Futures | | S&P
Futures | | +29.00 | | +13.00 | | +4.50 | | +0.11% | | +0.17% | | +0.16% | | | |
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| | | Japan | | China | | U.K. | | Nikkei 225 | | Shanghai Composite | | FTSE 100 | | -45.92 | | +50.31 | | -41.46 | | 22,598.39 | | 2,794.38 | | 7,735.19 | | -0.20% | | +1.83% | | -0.53% | | | |
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| | | Biggest Winners | | CenturyLink Inc | +4.37% | | | | Caterpillar Inc | +0.57% | | | | Twitter Inc | +0.31% | | | | Nike Inc | +0.25% | | | Biggest Losers | | Perrigo Company PLC | -9.41% | | | | Seagate Technology PLC | -3.89% | | | | Applied Materials Inc | -1.95% | | | | Occidental Petroleum Corp | -1.12% | | | | | | | |
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| News: What you need to know about the markets | | | | | | | Car trouble in Japan; Adidas soars; Pandora CEO out | | By Ivana Kottasová | | | | 1. Car trouble in Japan: Shares in Suzuki, Yamaha and Mazda took a hit on Thursday after Japanese regulators said the automakers had admitted to improper handling of fuel economy and emissions tests. | | | | Suzuki stock dropped 6%. Yamaha and Mazda suffered smaller losses. | | | | The issues came to light after regulators ordered internal investigations at automakers following emissions scandals at Nissan and Subaru. | | | | Suzuki, Yamaha and Mazda each apologized in statements. | | | | 2. Score one for Adidas: Shares in Adidas jumped as much as 9% in Frankfurt after the company reported earnings. | | | | The German sportswear firm said that second quarter sales rose 10% over the previous year. CEO Kasper Rorsted said the company got a boost from the World Cup, and its "strategic focus areas North America, Greater China and e-commerce." | | | | While Adidas performed well, sales at its Reebok brand dropped 3% in the second quarter. | | | | 3. Not so charming: Jewelry maker Pandora said that CEO Anders Colding Friis will step down by the end of the month. | | | | Shares in the Danish company slumped 24% on Tuesday after it warned its sales would be weaker than expected. The stock has lost roughly half its value this year. | | | | Shares rebounded 3.4% on Thursday after the company announced the departure of Friis. The company will hold an investors' call on Thursday. | | | | 4. Russian pain: The Russian ruble fell 1.2% against the dollar, extending its losses for the week. | | | | The Trump administration announced Wednesday that it will impose more sanctions on Russia following the poisoning of a former Russian agent and his daughter in the United Kingdom. | | | | Russian stock markets also fell. | | | | 5. Global market overview: US stock futures were flat. | | | | European markets opened mostly lower. Stocks in Asia posted gains. | | | | The Dow Jones industrial average closed 0.2% down on Wednesday, while the S&P 500 was flat. The Nasdaq added 0.1%. | | | | Before the Bell newsletter: Key market news. In your inbox. Subscribe now! | | | | 6. Earnings and economics: Canada Goose, Coca-Cola European Partners, Gannett, Party City, Tribune Media and Viacom will release earnings before the open. | | | | Funko, Lions Gate Entertainment, News Corp., Tronc and Planet Fitness will release earnings after the close. | | | | The US Bureau of Labor Statistics will release its July inflation report at 8:30 a.m. ET. | | | | Markets Now newsletter: Get a global markets snapshot in your inbox every afternoon. Sign up now! | | | | | | | |
| | | | | | Thursday — Viacom and Tronc earnings, PPI report, Samsung holds its "Unpacked" event
Friday — CPI report | | | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $66.82 | -0.12 / -0.18% | | | Gold | $1,223.10 | +2.10 / +0.17% | | | 10-yr | 2.97% | -0.00 / -0.07% | | | Euro | $1.16 | -0.00 / -0.04% | | | |
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