CNBC U.S. stock futures, along with equity mar
Post# of 123689
(Total Views: 309)
Posted On: 09/15/2017 10:49:36 AM
CNBC
U.S. stock futures, along with equity markets in Europe, were under some pressure this morning after an explosion at a London train station, which was being investigated as a "terror incident," and another North Korean missile test. On Thursday, the Dow closed at another record high, and was on pace for its best weekly gain in nearly five months. (CNBC)
Today marks the busiest day of the week for economic numbers, starting at 8:30 a.m. ET with the release of August retail sales as well as the New York Fed's Empire State Manufacturing Index. At 9:15 a.m. ET, August industrial production figures are out. At 10 a.m. ET, the University of Michigan issues its mid-September consumer sentiment index. (CNBC)
*Hurricane Harvey was probably bad news for today's data(CNBC)
IN THE NEWS TODAY
U.K. police are investigating reports of a terror attack after an explosion on a London underground train prompted panic during the morning rush hour there. Local media said passengers had suffered facial injuries from a blast and others had been left hurt in a subsequent stampede. (CNBC)
North Korea fired a missile that flew over Japan's northern Hokkaido far out into the Pacific Ocean, South Korean and Japanese officials said today, deepening tensions after Pyongyang's recent test of its most powerful nuclear bomb. (Reuters)
Secretary of State Rex Tillerson said that China and Russia need to take "direct action" against North Korea after Pyongyang fired a missile over Japan. He said the missile launch would "only deepen North Korea's diplomatic and economic isolation." (USA Today)
* UN Security Council to meet on North Korea missile test today (Reuters)
Even as President Donald Trump toured the damage in Florida from Hurricane Irma, Tropical Storm Jose was strengthening. It's expected to be a hurricane by tonight. A close brush with the U.S. East Coast next week cannot yet be ruled out. (Weather Channel)
Trump is not backing off his defiant response to violence at a white supremacist rally in Virginia last month. The president told reporters Thursday that he told Sen. Tim Scott, R-S.C., in a one-on-one meeting that "you have some pretty bad dudes" opposing white nationalists. (CNBC)
Harvard University withdrew a fellowship invitation to Chelsea Manning, the transgender U.S. Army soldier who was convicted of leaking classified data, after two top intelligence experts distanced themselves from the school over the invite. (Reuters)
A senior executive at China's state-backed internet finance body says "stateless" digital tokens such as bitcoin posed risks as they could be used for illegal actions, and rules are needed to support the development of "legal" digital currencies. (Reuters)
The company behind the popular mobile game "Angry Birds," Rovio Entertainment, confirmed the pricing for its IPO, which will value it at about $1 billion. Rovio expects to begin trading on the Nasdaq Helsinki pre-list on Sept. 29 and on the official list around Oct. 3. (WSJ)
Alphabet (GOOGL) may invest $1 billion in ride-sharing service Lyft.
Facebook (FB) announced plans to open its fourth artificial intelligence research lab, this one in the Canadian city of Montreal. The move comes after Alphabet (GOOGL) and Microsoft (MSFT) have invested in the local AI research scene. (CNBC)
STOCKS TO WATCH
Oracle (ORCL) reported an adjusted quarterly profit of 62 cents per share, 2 cents above estimates, with revenue also coming above forecasts. Oracle's results were helped by a successful ramping up of its cloud-based business. But a warning on guidance was pressuring the stock in the premarket.
Phillips 66 (PSX) chartered a Marshall Islands-flagged ship to help meet fuel shortages resulting from Hurricanes Harvey and Irma. The energy producer took advantage of a temporary waiver of the Jones Act, which ordinarily requires the use of U.S.-flagged ships for transportation between U.S. coasts.
Macy's (M) plans to increase by 20 percent the number of workers it hires during the holiday shopping season to staff distribution and warehouses that support its online business, but total holiday hiring will fall.
Carnival (CCL) was downgraded to "neutral" from "outperform" at Credit Suisse, citing an uncertain outlook amid increasing threats to demand for cruises.
CONTRIBUTORS
Matthew J.
Belvedere
Senior Producer
@Matt_Belvedere
Peter
Schacknow
Senior Producer
@peterschack
Tom
DiChristopher
Web and TV producer
U.S. stock futures, along with equity markets in Europe, were under some pressure this morning after an explosion at a London train station, which was being investigated as a "terror incident," and another North Korean missile test. On Thursday, the Dow closed at another record high, and was on pace for its best weekly gain in nearly five months. (CNBC)
Today marks the busiest day of the week for economic numbers, starting at 8:30 a.m. ET with the release of August retail sales as well as the New York Fed's Empire State Manufacturing Index. At 9:15 a.m. ET, August industrial production figures are out. At 10 a.m. ET, the University of Michigan issues its mid-September consumer sentiment index. (CNBC)
*Hurricane Harvey was probably bad news for today's data(CNBC)
IN THE NEWS TODAY
U.K. police are investigating reports of a terror attack after an explosion on a London underground train prompted panic during the morning rush hour there. Local media said passengers had suffered facial injuries from a blast and others had been left hurt in a subsequent stampede. (CNBC)
North Korea fired a missile that flew over Japan's northern Hokkaido far out into the Pacific Ocean, South Korean and Japanese officials said today, deepening tensions after Pyongyang's recent test of its most powerful nuclear bomb. (Reuters)
Secretary of State Rex Tillerson said that China and Russia need to take "direct action" against North Korea after Pyongyang fired a missile over Japan. He said the missile launch would "only deepen North Korea's diplomatic and economic isolation." (USA Today)
* UN Security Council to meet on North Korea missile test today (Reuters)
Even as President Donald Trump toured the damage in Florida from Hurricane Irma, Tropical Storm Jose was strengthening. It's expected to be a hurricane by tonight. A close brush with the U.S. East Coast next week cannot yet be ruled out. (Weather Channel)
Trump is not backing off his defiant response to violence at a white supremacist rally in Virginia last month. The president told reporters Thursday that he told Sen. Tim Scott, R-S.C., in a one-on-one meeting that "you have some pretty bad dudes" opposing white nationalists. (CNBC)
Harvard University withdrew a fellowship invitation to Chelsea Manning, the transgender U.S. Army soldier who was convicted of leaking classified data, after two top intelligence experts distanced themselves from the school over the invite. (Reuters)
A senior executive at China's state-backed internet finance body says "stateless" digital tokens such as bitcoin posed risks as they could be used for illegal actions, and rules are needed to support the development of "legal" digital currencies. (Reuters)
The company behind the popular mobile game "Angry Birds," Rovio Entertainment, confirmed the pricing for its IPO, which will value it at about $1 billion. Rovio expects to begin trading on the Nasdaq Helsinki pre-list on Sept. 29 and on the official list around Oct. 3. (WSJ)
Alphabet (GOOGL) may invest $1 billion in ride-sharing service Lyft.
Facebook (FB) announced plans to open its fourth artificial intelligence research lab, this one in the Canadian city of Montreal. The move comes after Alphabet (GOOGL) and Microsoft (MSFT) have invested in the local AI research scene. (CNBC)
STOCKS TO WATCH
Oracle (ORCL) reported an adjusted quarterly profit of 62 cents per share, 2 cents above estimates, with revenue also coming above forecasts. Oracle's results were helped by a successful ramping up of its cloud-based business. But a warning on guidance was pressuring the stock in the premarket.
Phillips 66 (PSX) chartered a Marshall Islands-flagged ship to help meet fuel shortages resulting from Hurricanes Harvey and Irma. The energy producer took advantage of a temporary waiver of the Jones Act, which ordinarily requires the use of U.S.-flagged ships for transportation between U.S. coasts.
Macy's (M) plans to increase by 20 percent the number of workers it hires during the holiday shopping season to staff distribution and warehouses that support its online business, but total holiday hiring will fall.
Carnival (CCL) was downgraded to "neutral" from "outperform" at Credit Suisse, citing an uncertain outlook amid increasing threats to demand for cruises.
CONTRIBUTORS
Matthew J.
Belvedere
Senior Producer
@Matt_Belvedere
Peter
Schacknow
Senior Producer
@peterschack
Tom
DiChristopher
Web and TV producer
(0)
(0)Scroll down for more posts ▼