ADVERTISEMENT

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, AMZN, BBT, STI)

Here is what you need to know.

Lion dance HK Exchange
  1. Trump has no plans to meet with Xi ahead of the trade deadline . When asked if he planned to meet with Chinese President Xi Jinping before the March 1 deadline, President Donald Trump said: "No," according to Reuters.
  2. An unloved area of the market is set to explode higher . "2019 will be a pivotal year during the growth baton will shift once again from the U.S. tech sector to emerging markets," Vincent Deluard, a macro strategist at INTL FCStone, told Business Insider.
  3. Jeff Bezos accuses the National Enquirer of extortion . In a blog post on Medium, the founder and CEO of Amazon said the National Enquirer threatened to release naked photos of him unless he stopped his investigation into leaks.
  4. Eddie Lampert's last-ditch effort to save Sears wins approval . Sears Chairman Eddie Lampert's $5.2 billion bid to buy the beleaguered retailer from bankruptcy will keep open about 400 stores and save 45,000 jobs.
  5. Amazon invests in a self-driving startup . The e-commerce giant has made a "significant investment" in the self-driving startup Aurora, according to an Aurora press release out Thursday.
  6. Gossamer Bio prices its IPO . The clinical-stage biopharmaceutical company priced its initial public offering at $16 a share, raising about $276 million. Gossamer will trade on the Nasdaq under the ticker "GOSS."
  7. SunTrust and BB&T used a word that should terrify their employees . SunTrust Banks and BB&T said Thursday that their $66 billion deal would produce $1.6 billion of "synergies."
  8. Postmates is going public . The food-delivery-app company, which was last valued at $1.85 billion in January, announced Thursday it has confidentially filed for an initial public offering.
  9. Stock markets around the world were mixed . Japan's Nikkei (-2%) was hit hard overnight and Britain's FTSE (+0.17%) leads the gains in Europe. The S&P 500 was set to open down 0.39% near 2,696.
  10. Earnings reporting slows down . Exelon, Hasbro, and Phillips 66 report ahead of the opening bell.
ADVERTISEMENT

See Also:

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

How SafeHamsters unlocks the potential of crypto betting| Insider Tips

How SafeHamsters unlocks the potential of crypto betting| Insider Tips

A look into the diverse tax reforms being implemented across Africa

A look into the diverse tax reforms being implemented across Africa

Dubai firm to lend South Sudan $12.9 billion in exchange for 20 years oil repayment

Dubai firm to lend South Sudan $12.9 billion in exchange for 20 years oil repayment

China dethrones USA as the most influential global power in Africa: Report

China dethrones USA as the most influential global power in Africa: Report

Major African economies expecting inflation ease into next year, except Nigeria

Major African economies expecting inflation ease into next year, except Nigeria

10 African countries with the lowest price changes in household commodities

10 African countries with the lowest price changes in household commodities

Dangote refinery outranks Europe's 10 largest refining facilities

Dangote refinery outranks Europe's 10 largest refining facilities

Africa may just have the lowest level of cyber threats compared to other regions

Africa may just have the lowest level of cyber threats compared to other regions

A look into Kenya’s Shs1.1 billion climate funding from the UK

A look into Kenya’s Shs1.1 billion climate funding from the UK

ADVERTISEMENT