Finance: 10 things you need to know before the opening bell (Spy, SPX, QQQ, today, AMZN, Lulu, JPM)
this is what the trade is talking about.
here is what you need to know.
Jeff Beszos is the second richest man in the world. Amazon shares rose 2.1% on Wednesday, propeling bezos, ' net worth to $75.6 million, according to the Bloomberg billionaire index.
Lululemon collapses after earnings. shares of Lululemon fur by up to 16% in after-hours trading Wednesday after the company announcedon expected sales in stores open for at least one year in the decline in the first quarter in the “low single digits” on a constant dollar.
JP Morgan is reportedly looking at office space in Ireland. Investment Bank are looking at office space in Dublin that can hold up to 1,000 employees as it seems that the reservation of jobs in London in response to Britain’s exit, Bloomberg says.
legg Mason is cutting jobs. the investment company is laying off about 30 employees or 3% of the administrative staff as it looks to move towards the low cost of investment, reports Bloomberg. None of the layoffs wants the investment staff.
oil fighting to get back above $ 50. West Texas intermediate crude oil up 0.3% at $49.38 a barrel as trying for the first closed above $ 50 since March 8.
South Africa& apos;s Finance Minister can be on the road. President Jacob Zuma has pledged to fire the Finance Minister pravin Gordhan, Agence France-Presse. The South African Rand is stronger by 0.7% in 12.9535 per dollar.
Federal Reserve’s heavy. Cleveland& apos;s Mistral (9:45. M., F), Dallas& apos; Kaplan (11…. M), San Francisco& apos;s Williams (11:15. M., F), New York, 's Dudley (4:30 p. m. And all take the mic on Thursday.
stock markets around the world less. China& apos;s Shanghai Composite (-1%) late in Asia, Britain& apos;s FTSE (-0.2%) trails in Europe. S&P 500 fell 0.4% near 2,351.
earnings reports light. Dell technologies reports ahead of the opening bell.
US economic data flows. GDP-second estimate personal consumption, core PCE, initial j0bless all claims will be released at 8:30. M., And. The U.S. 10-year yield little changed at 2.38%.