1. Oil decision day: OPEC and other major crude producers are gathered in Vienna to discuss whether to extend production cuts designed to rid the world of excess oil. The curbs were first agreed a year ago by countries including Russia and are set to expire in March 2018.
|
 |
| Where U.S. stocks are heading | | Dow
Futures | | Nasdaq
Futures | | S&P
Futures | | +94.00 | | +17.75 | | +8.50 | | +0.39% | | +0.28% | | +0.32% | | | |
| |
| | | Japan | | China | | U.K. | | Nikkei 225 | | Shanghai Composite | | FTSE 100 | | +127.76 | | -20.67 | | +17.83 | | 22,724.96 | | 3,317.19 | | 7,411.39 | | +0.57% | | -0.62% | | +0.24% | | | |
| |
| | | Biggest Winners | | CenturyLink Inc | +4.95% | | | | Western Digital Corp | +2.68% | | | | Twenty-First Century Fox Inc | +1.74% | | | | Applied Materials Inc | +1.51% | | | Biggest Losers | | Juniper Networks Inc | -5.44% | | | | Gap Inc | -1.78% | | | | Viacom Inc | -1.30% | | | | Macy's Inc | -0.13% | | | | | | | |
| |
| |
| News: What you need to know about the markets | | | | | | | Bitcoin madness; Oil crunch time; Tax bill progress | By Ivana Kottasová
Thursday, November 30th, 4:54am | | | | 1. Oil decision day: OPEC and other major crude producers are gathered in Vienna to discuss whether to extend production cuts designed to rid the world of excess oil. | | | | The curbs were first agreed a year ago by countries including Russia and are set to expire in March 2018. | | | | There are signs that the giant supply glut is starting to disappear, but an extension -- possibly to the end of 2018 -- could help cement the trend. | | | | U.S. crude futures were trading 0.4% higher at $57.50 per barrel. | | | | 2. U.S. tax progress: A final vote on the Senate tax bill is expected late Thursday or Friday. | | | | Republicans are racing to approve the measure, which survived a procedural vote on Wednesday that allows debate to begin. | | | | The House and Senate tax bills still contain major differences. It's not clear whether the competing versions of the plan can be reconciled without losing votes. | | | | 3. Bitcoin madness: The virtual currency hit a record of $11,350 on Wednesday, then nosedived more than 18% to below $9,300 after two major exchanges said they were struggling with a huge spike in traffic. By early Thursday, it had recovered to trade around $10,400. | | | | Some analysts are warnings of a Bitcoin bubble, while others attribute the gains in recent weeks to the expectation that more major investors will soon join the rush. | | | | 4. Global market overview: U.S. stock futures were edging higher. | | | | Asian markets ended the session lower. European markets were mixed in early trading, with the FTSE 100 dropping by 0.4%. | | | | The pound gained 0.4% against the dollar amid growing expectations that the U.K. will be able to reach an agreement on its financial settlement with the EU. | | | | Before the Bell newsletter: Key market news. In your inbox. Subscribe now! | | | | 5. Market recap: The Dow Jones industrial average added 0.4% to hit another record on Wednesday. The S&P 500 closed flat. | | | | It was a different story on the Nasdaq, which suffered its worst day in three months, slumping 1.3%. | | | | 6. Earnings and economics: Barnes and Noble and Kroger will release earnings before the open. | | | | Kroger reported sluggish sales growth and a slight drop in profits last quarter, sending its stock down on fears that it is losing the grocery stores war to Amazon and Walmart. | | | | The U.S. Bureau of Economic Analysis will release its personal income report for October at 8:30 a.m. ET. | | | | Manufacturing PMI came out slightly above expectations in China, a positive signal for the world's second biggest economy. | | | | India's latest GDP figures are expected at 7:00 a.m. | | | | Download CNN MoneyStream for up-to-the-minute market data and news | | | | | | | |
| | | | | | | Thursday -- Kroger earnings; OPEC meeting | | | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $57.80 | +0.50 / +0.87% | | | Gold | $1,281.20 | -0.90 / -0.07% | | | 10-yr | 2.38% | +0.04 / +1.63% | | | Euro | $1.18 | -0.00 / -0.07% | | | |
| |
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