| Advertisement
 Here is what you need to know. - Huawei says it's 'fully prepared' for a conflict with the US. CEO Ren Zhengfei told the Chinese media on Tuesday that a conflict with the US was inevitable as Huawei worked toward becoming a global tech leader.
- Google puts Huawei's Android suspension on hold. The decision came after the US Department of Commerce granted Huawei a 90-day license to help existing customers.
- The trade war could cause the biggest engine of the US economy to slow. "Confidence shocks matter," Bank of America Merrill Lynch's economists wrote. "Keep a close eye on confidence indicators. A protracted trade war could have a meaningful impact on consumer spending."
- Tesla closes at a 2-1/2-year low. Shares fell by as much as 7.5% on Monday before closing down 2.7% at $205.36 apiece, making for their lowest close December 2016.
- Ford is cutting 10% of its global workforce. The automaker is eliminating 7,000 white-collar jobs in a cost-cutting measure meant to save $600 million a year, the Associated Press reports.
- Slack changes its ticker ahead of its direct listing. The workplace-collaboration company now plans to trade under the ticker WORK. It is expected to go public via a direct listing in the coming weeks.
- Here are the 15 best-performing S&P 500 stocks this year. The S&P 500 has gained 14% in 2019, and these 15 stocks are leading the gains.
- Stock markets around the world were higher. China's Shanghai Composite (+1.22%) was the standout in Asia, and Germany's DAX (+0.95%) was out front in Europe. The S&P 500 was set to open up 0.6% near 2,857.
- Earnings season rolls on. Home Depot, Kohl's, and TJX report ahead of the opening bell while Nordstrom and Toll Brothers release their results after markets close.
- US economic data trickles out. Existing-home sales will be released at 10 a.m. ET. The US 10-year yield was little changed near 2.42%.
| 
Tidak ada komentar:
Posting Komentar