U.S. stock futures were higher this morning, giving the Dow a shot at extending its win streak to five days and the S&P 500 and Nasdaq a chance at reaching fresh multi-month highs. The Dow fought its way back to virtually breakeven for March. * JP Morgan and Goldman Sachs are getting more bullish on India
Retailers DSW and Michaels Companies are among the handful of companies releasing quarterly earnings this morning, while FedEx and office furniture maker Steelcase are out with their numbers after today's closing bell. The White House laid out its case against progressive programs like"Medicare for All" and a wealth tax, while touting the projected benefits of its own economic agenda in a new report published today. Canadian officials are re-examining the approval the country gave to Boeing's 737 MAX jets. Transport Minister Marc Garneau said that no action might be taken, but that the move was wise in light of the worldwide grounding of the aircraft.
Netflix CEO Reed Hastings said the video streaming service will not make its movies or TV shows available on the new video offering that Apple is expected to announce next week. General Motors is keeping mum about its plans for its stake in Lyft, as the ride-hailing service gets set to go public. GM holds 35.7 million shares which could be worth nearly $1.3 billion, with some calling for the automaker to cash out and return the money to investors while others think the stake should be kept for strategic reasons.
Booking Holdings was downgraded to"market perform" from"outperform" at Telsey Advisory Group, with Telsey pointing to increased competition for the parent of Priceline and other travel sites from the likes of Airbnb and Google.
How about prohibiting Twitter accounts from corporate officers and elected officials 😁 Might make the media work harder for news, but maybe force getting straight scoop from “the horses mouth” AND ON THE RECORD!
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