1. US tariffs threat: The United States is threatening tariffs on $11 billion worth of European goods, a move that could escalate tensions between the trade partners. The United States Trade Representative has proposed levies on hundreds of EU exports in retaliation for subsidies allegedly provided to European aircraft maker Airbus.
|
 |
| Where U.S. stocks are heading | | Dow
Futures | | Nasdaq
Futures | | S&P
Futures | | +2.00 | | -8.75 | | -1.75 | | +0.01% | | -0.11% | | -0.06% | | | |
| |
| | | Japan | | China | | U.K. | | Nikkei 225 | | Shanghai Composite | | FTSE 100 | | +40.94 | | -5.15 | | +14.79 | | 21,802.59 | | 3,239.66 | | 7,466.68 | | +0.19% | | -0.16% | | +0.20% | | | |
| |
| Biggest Winners | | TechnipFMC PLC | +0.79% | | | | Walt Disney Co | +0.77% | | | | Linde PLC | +0.74% | | | | Carnival Corp | +0.57% | | | Biggest Losers | | AT&T Inc | -1.20% | | | | General Electric Co | -1.16% | | | | Verizon Communications Inc | -1.01% | | | | Wynn Resorts Ltd | -0.55% | | | | | | | | |
| |
| |
| |
| News: What you need to know about the markets | | | | | | | US threatens EU with tariffs; Boeing deliveries; Wynn's big bet on Australia | | By Ivana Kottasová, CNN Business | | | | 1. US tariffs threat: The United States is threatening tariffs on $11 billion worth of European goods, a move that could escalate tensions between the trade partners. | | | | The United States Trade Representative has proposed levies on hundreds of EU exports in retaliation for subsidies allegedly provided to European aircraft maker Airbus. | | | | The tariffs would hit EU products ranging from aircraft and their components to wine, cheese and frozen fish. | | | | President Donald Trump will soon decide whether to impose tariffs on cars imported from Europe. The United States has already imposed taxes on European steel and aluminum exports. | | | | 2. Boeing to report deliveries: Boeing is set to report the number of planes it delivered during the first quarter on Tuesday. | | | | The company didn't deliver any of its bestselling 737 Max planes in the last two weeks of the quarter. It halted those deliveries after two of the aircraft crashed in less then six months. | | | | Investors will be waiting to see if Boeing forecasts the costs of the grounding and halt of deliveries. | | | | Boeing doesn't normally give any dollar figures as part of its deliveries report. The company is scheduled to report first quarter results on April 24, and then meet with shareholders April 29. | | | | Shares in Boeing declined 4% on Monday after the company announced plans to slow 737 Max production. | | | | 3. Wynn Resorts bets on Australia: Wynn Resorts has approached Crown Resorts with a 10 billion Australian dollar ($7.1 billion) takeover offer, the Melbourne-based company said Tuesday. | | | | The cash and stock offer from Wynn values Crown shares at 14.75 Australian dollars ($10.51) each. | | | | Wynn declined to comment. Shares in Crown spiked 21% in Sydney. | | | | 4. Global market overview: US stock futures were pointing lower. | | | | European markets opened mixed. Stocks in Asia also struggled to find direction. | | | | The S&P 500 closed 0.1% higher on Monday, advancing for the eighth consecutive trading session. The Nasdaq gained 0.2%. The Dow was weighed down by Boeing and finished 0.3% lower. | | | | Before the Bell newsletter: Key market news. In your inbox. Subscribe now! | | | | 5. Earnings and economics: Shares in Sony surged 9% in Tokyo after Reuters reported that hedge fund Third Point is building a stake in the company to push it to sell businesses. | | | | The US Bureau of Labor Statistics will release a report on the jobs market in February at 10:00 a.m. ET. | | | | The International Monetary Fund will release its latest World Economic Outlook at 9:00 a.m. ET. | | | | | | | |
| | | | | | Tuesday — US February JOLTS job openings report; IMF World Economic Outlook
Wednesday — Delta Air Lines, LVMH and Bed Bath & Beyond earnings; US March consumer prices; Fed minutes; ECB rate decision; UK GDP and EU summit on Brexit
Thursday — Rite Aid earnings; Disney investor day; India election polling begins
Friday — JPMorgan Chase and Wells Fargo earnings; China export data, Britain's current deadline to leave the European Union | | | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $64.58 | +0.18 / +0.28% | | | Gold | $1,306.20 | +4.30 / +0.33% | | | 10-yr | 2.52% | +0.02 | | | Euro | $1.13 | +0.00 / +0.19% | | | |
| |
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. | | | ® © 2019 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