1. Apple goes big in Austin: Apple (APPL) said Thursday that it will invest $1 billion to build a new campus in Austin, Texas. The tech firm also said it would establish new sites in Seattle, San Diego and Culver City. It will expand operations in Pittsburgh, New York and Boulder.
|
 |
| Where U.S. stocks are heading | | Dow
Futures | | Nasdaq
Futures | | S&P
Futures | | +11.00 | | +19.25 | | +3.25 | | +0.04% | | +0.28% | | +0.12% | | | |
| |
| | | Japan | | China | | U.K. | | Nikkei 225 | | Shanghai Composite | | FTSE 100 | | +213.44 | | +31.90 | | -12.46 | | 21,816.19 | | 2,634.05 | | 6,867.73 | | +0.99% | | +1.23% | | -0.18% | | | |
| |
| | | Biggest Winners | | General Electric Co | +8.05% | | | | Aflac Inc | +4.01% | | | | Advanced Micro Devices Inc | +1.32% | | | | Carnival Corp | +1.19% | | | Biggest Losers | | Coca-Cola Co | -0.63% | | | | Mondelez International Inc | -0.39% | | | | eBay Inc | -0.14% | | | | | | | |
| |
| |
| News: What you need to know about the markets | | | | | | | Apple goes big in Austin; ECB meeting; Brexit nerves | | By Ivana Kottasová, CNN Business | | | | 1. Apple goes big in Austin: Apple (APPL) said Thursday that it will invest $1 billion to build a new campus in Austin, Texas. | | | | The tech firm also said it would establish new sites in Seattle, San Diego and Culver City. It will expand operations in Pittsburgh, New York and Boulder. | | | | The expansion plans were accompanied by a commitment to invest $10 billion in US data centers over the next five years. | | | | Apple has been criticized by President Donald Trump for manufacturing most of its products abroad. Apple said Thursday that it added 6,000 jobs to its American workforce in 2018. | | | | 2. Europe puts its bazooka away: The European Central Bank is expected to formally announce the end of its huge money printing program on Thursday. | | | | The bank launched its stimulus program in March 2015 to support a fragile economy that was still recovering from the financial crisis. In total, the central bank has spent around €2.6 trillion ($3 trillion) on the program. | | | | The end of the program is all but certain. But there are growing concerns about weak economic data in Europe and a potential slowdown in growth. | | | | That means investors will be watching ECB President Mario Draghi closely for any clues on the timing of potential interest rates hikes. | | | | 3. Brexit confusion: British Prime Minister Theresa May survived a leadership challenge on Wednesday. But the future of her Brexit divorce deal is far from certain. | | | | May is back in Brussels on Thursday in an attempt to win concessions from the European Union. But she's unlikely to come back with anything that convinces a significant number of UK lawmakers to back her plan. | | | | With no clear path forward for the prime minister, uncertainty is likely to continue for weeks. The pound rebounded from a 20-month low to trade at $1.26 on Thursday. | | | | 4. Global market overview: US stock futures were pointing higher. European markets opened mixed, while stocks in Asia gained. | | | | The Dow closed 0.6% higher on Wednesday. The S&P 500 added 0.5% and the Nasdaq gained 1%. | | | | Before the Bell newsletter: Key market news. In your inbox. Subscribe now! | | | | 5. Earnings and economics: Adobe Systems (ADBE) and Costco (COST) will release earnings after the close. | | | | | | | |
| | | | | | Thursday — Adobe (ADBE) and Costco (COST) earnings
Friday — US retail sales for November | | | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $50.89 | -0.26 / -0.51% | | | Gold | $1,247.00 | -3.00 / -0.24% | | | 10-yr | 2.91% | +0.03 | | | Euro | $1.14 | +0.00 / +0.06% | | | |
| |
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
CNN Business'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