S&P 500 futures up 0.3% to 2,853.00
Brent futures down 0.3% to $71.77/bbl
Gold spot down 0.2% to $1,275.22
US Dollar Index up 0.2% to 98.11GLOBAL NEWS:
Earnings season. Home Depot
and Urban Outfitters
are among companies reporting earnings today.A step backwards.
The US Department of Commerce reversed some of the restrictions it imposed on Huawei
on Monday by temporarily allowing the Chinese telecom giant to keep its existing networks and provide software updates for its phone owners until August 19. The Chinese ban caused a purge of the sector yesterday on both sides of the Atlantic, including a -9% for STMicroelectronics.FCC supports Sprint and T-Mobile.
The President of the Federal Communications Commission (FCC) gave its support for the $26 billion merger project between Sprint
and T-Mobile US
, after they made a series of changes, including the sale of Boost Mobile, Reuters reports.The shadow of a doubt. Tesla
down to a two-year floor in session, as investors worry about financing the car manufacturer. The Wedbush design office is concerned about the growth projections, which depend solely on the Model 3, after a catastrophic quarter that saw deliveries drop compared to the previous quarter. Elon Musk's whimsical personality, despite his recent discretion, does not contribute to the serenity of investors on the case.A little respite.
The discount chain Dia
has signed an agreement with its creditor banks, which prevents an imminent bankruptcy. This last-minute agreement was signed between the main creditor, Santander, and the new owner, the L1 fund.In other news.
19.3 million American viewers watched the final episode of the "Game of Thrones" series on HBO
(AT&T Group) on Sunday evening, a record. Merck
's Keytruda does not meet its main efficacy targets in Phase III in some breast cancers. American Airlines is subpoenaing its mechanics unions to stop a strike.