1. Jobs report: The first set of jobs data for 2018 will be released at 8:30 a.m. ET. Economists predict the United States gained 175,000 jobs in January. Unemployment is expected to stay at 4.1%, the lowest level since 2000.
|
 |
| Where U.S. stocks are heading | | Dow
Futures | | Nasdaq
Futures | | S&P
Futures | | -229.00 | | -32.25 | | -18.00 | | -0.87% | | -0.47% | | -0.64% | | | |
| |
| | | Japan | | China | | U.K. | | Nikkei 225 | | Shanghai Composite | | FTSE 100 | | -211.58 | | +15.10 | | -24.67 | | 23,274.53 | | 3,462.08 | | 7,465.72 | | -0.90% | | +0.44% | | -0.33% | | | |
| |
| | | Biggest Winners | | Amazon.com Inc | +5.54% | | | | PPL Corp | +1.79% | | | | Ross Stores Inc | +1.46% | | | | Under Armour Inc | +1.29% | | | Biggest Losers | | Mattel Inc | -6.46% | | | | Alphabet Inc | -3.82% | | | | Alphabet Inc | -3.68% | | | | Advanced Micro Devices Inc | -2.19% | | | | | | | |
| |
| |
| News: What you need to know about the markets | | | | | | | U.S. jobs report; Exxon earnings; Casino panic | By Alanna Petroff
Friday, February 2nd, 5:09am | | | | 1. Jobs report: The first set of jobs data for 2018 will be released at 8:30 a.m. ET. | | | | Economists predict the United States gained 175,000 jobs in January. Unemployment is expected to stay at 4.1%, the lowest level since 2000. | | | | In December, the economy added 148,000 jobs. | | | | Consumer confidence has been high and, in general, Americans aren't worried about losing their jobs. | | | | Wage growth is expected to reach 2.6% in January, up from 2.5% in December. | | | | "Life is generally good for the U.S. consumer," said Paul Donovan, global chief economist at UBS Wealth Management. | | | | 2. Unending earnings: Oil giants Chevron and Exxon Mobil will report results ahead of the open, along with Clorox, Estee Lauder, Merck and Sprint. | | | | Deutsche Bank shares tumbled 6% after the company reported a third consecutive annual loss. | | | | The €500 million ($625 million) loss for 2017 was fueled by a €1.4 billion ($1.8 billion) hit from tax changes in the United States. Germany's largest bank also reported falling revenues. | | | | Before the Bell newsletter: Key market news. In your inbox. Subscribe now! | | | | 3. Stock market movers -- Mattel, Google, Amazon, Guess: Shares in Mattel and Google parent Alphabet slid in extended trading after they reported disappointing results. | | | | Amazon shares, meanwhile, were set to pop at the open as investors cheered the company's latest results. | | | | Guess stock could be poised for a rebound after dropping nearly 18% on Thursday. | | | | Shares in the fashion brand tanked after model Kate Upton accused co-founder Paul Marciano of sexual harassment. Guess did not respond to requests for comment, but TMZ reported that Marciano had denied any inappropriate conduct. | | | | 4. Casino check: Macau casino stocks tumbled after Bloomberg reported that China could soon allow some forms of gambling in the southern province of Hainan. | | | | That might draw gamblers away from Macau, which is currently the only place in China where casinos are legal. | | | | Wynn Macau, Sands China and MGM China shares fell sharply in Hong Kong before recovering most of their losses. | | | | 5. Global stock market overview: U.S. stock futures were deep into negative territory on Friday. | | | | European markets declined in early trade, and most Asian markets ended the day with losses. | | | | Volatility has been creeping back into the markets after a period of steady gains. On Thursday, 10-year Treasury yields climbed to their highest level in nearly four years. | | | | Download CNN MoneyStream for up-to-the-minute market data and news | | | | | | | |
| | | | | | | Friday -- U.S. monthly jobs report | | | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $65.78 | -0.02 / -0.03% | | | Gold | $1,348.30 | +0.40 / +0.03% | | | 10-yr | 2.77% | +0.05 / +1.95% | | | Euro | $1.25 | +0.00 / +0.02% | | | |
| |
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 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