Futures extend gains before Dow shakeup, stock splits
- U.S. stock index futures are starting the week up 0.3% after the DJIA
turned positive for 2020 (ahead of today's benchmark shakeup) and Wall
Street posted its fifth consecutive week of gains.
- Before the market open, the 4-for-1 Apple stock split and 5-for-1
Tesla stock split will take effect, while China seemed to delay a quick
deal for TikTok with new export rules.
- Q2 earnings are meanwhile expected today from Zoom Video
Communications and Rackspace Technology, though the economic calendar is
light. Later in the week, investors will get reports on construction
spending, manufacturing, the trade gap the Fed's "Beige Book" before the
highly-awaited U.S. jobs report for August on Friday.
- In Covid news, the FDA said it was willing to fast track a coronavirus
vaccine before phase three trials end if the "benefits outweigh the
risks."
|Today, 5:49 AM
- U.S. stock index futures are starting the week up 0.3% after the DJIA
turned positive for 2020 (ahead of today's benchmark shakeup) and Wall
Street posted its fifth consecutive week of gains.
- Before the market open, the 4-for-1 Apple stock split and 5-for-1
Tesla stock split will take effect, while China seemed to delay a quick
deal for TikTok with new export rules.
- Q2 earnings are meanwhile expected today from Zoom Video
Communications and Rackspace Technology, though the economic calendar is
light. Later in the week, investors will get reports on construction
spending, manufacturing, the trade gap the Fed's "Beige Book" before the
highly-awaited U.S. jobs report for August on Friday.
- In Covid news, the FDA said it was willing to fast track a coronavirus
vaccine before phase three trials end if the "benefits outweigh the
risks."
|Today, 5:49 AM
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