1. Earnings explosion: General Motors, JetBlue Airways, McDonald's, Domino's Pizza, Caterpillar, DuPont and Eli Lilly are releasing quarterly results before the open on Tuesday. AT&T, Chipotle and Wynn Resorts will follow after the close.
|
| |
| Where U.S. stocks are heading | | Dow
Futures | | Nasdaq
Futures | | S&P
Futures | | +21.00 | | -1.25 | | +2.25 | | +0.10% | | -0.02% | | +0.09% | | | |
| |
| | | Japan | | China | | U.K. | | Nikkei 225 | | Shanghai Composite | | FTSE 100 | | -20.47 | | -6.91 | | +65.00 | | 19,955.20 | | 3,243.69 | | 7,442.73 | | -0.10% | | -0.21% | | +0.88% | | | |
| |
| Key Stats | Latest | Today's Change | | | Oil | $46.83 | +0.49 / +1.06% | | | Gold | $1,252.00 | -2.30 / -0.18% | | | 10-yr | 2.25% | +0.02 / +0.99% | | | Euro | $1.16 | +0.00 / +0.11% | | | |
| |
| |
| |
| News: What you need to know about the markets | | | | | | | Earnings explosion; Michael Kors bags Jimmy Choo; Alphabet drops | By Alanna Petroff
Tuesday, July 25th, 5:17am | | | | 1. Earnings explosion: General Motors, JetBlue Airways, McDonald's, Domino's Pizza, Caterpillar, DuPont and Eli Lilly are releasing quarterly results before the open on Tuesday. | | | | AT&T, Chipotle and Wynn Resorts will follow after the close. | | | | Investors will be closely monitoring Chipotle results after a new round of bad press: Mice were seen in a Dallas store and customers in Virginia became ill with suspected norovirus. | | | | 2. If the shoe fits: Fashion label Michael Kors is buying the shoe brand Jimmy Choo for £896 million ($1.2 billion) in cash. | | | | Jimmy Choo, which was founded in 1996 by former Vogue accessories editor Tamara Mellon and designer Jimmy Choo, put itself up for sale in April. | | | | The brand is hugely popular among female fashionistas, and a pair of its stilettos can easily sell for over $1,000. | | | | Michael Kors is best known for its handbags. | | | | Jimmy Choo shares spiked 17% in London after the sale was announced. | | | | Before the Bell newsletter: Key market news. In your inbox. Subscribe now! | | | | 3. Market movers -- Alphabet, Anglo American; Hasbro: Shares in Google parent company Alphabet are down about 3% premarket after the company reported quarterly results on Monday. | | | | Google posted a rare profit decline as it absorbed a record $2.7 billion European Union antitrust fine last month. The European Commission said Google used its search engine to unfairly steer consumers to its own shopping platform. | | | | Shares in mining giant Anglo American are surging by about 6% in London after the South African company Kumba Iron Ore -- which is majority owned by Anglo -- reported strong earnings. Anglo American will report results later this week. | | | | Shares in Hasbro bounced back in premarket trading after dropping 9.4% on Monday. | | | | 4. Stock market overview: U.S. stock futures are not showing much enthusiasm on Tuesday. | | | | But investors don't have much to complain about. The Dow Jones industrial average and S&P 500 hit all-time highs last week. The Nasdaq rallied another 0.4% on Monday and hit a fresh record high. | | | | Investors will be monitoring politics on Tuesday: The House of Representatives is due to vote on a sanctions bill targeting Russia, Iran and North Korea. | | | | Meanwhile, Senate Republicans will try to advance their latest effort to repeal and replace Obamacare. | | | | European markets were mostly positive in early trading. Asian markets ended the day with mixed results. | | | | 5. Economics: The U.S. Federal Reserve will meet Tuesday to discuss monetary policy. The central bank will announce its decision on interest rates on Wednesday. | | | | The monthly S&P Case-Shiller Home Price Index will be published at 9 a.m. ET. | | | | The Conference Board is set to release its Consumer Confidence report for July at 10 a.m. | | | | Download CNN MoneyStream for up-to-the-minute market data and news | | | | | | | |
| | | | | | Tuesday -- McDonald's, GM, AT&T, Chipotle earnings
Wednesday -- Federal Reserve interest rate decision; Donald Trump Jr. and former Trump campaign chairman Paul Manafort testify before the Senate judiciary committee; Boeing, Coca-Cola, Ford, Facebook, Whole Foods earnings
Thursday -- Verizon, Amazon earnings
Friday -- ExxonMobil, Chevron earnings; U.S. GDP report | | | | | | | |
| |
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. | | | ® © 2017 Cable News Network Inc.
A Time Warner 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