140K views · 1.4K reactions | It's looking like a bit of a hangover for stocks Monday. Dow and S&P 500 futures are pointing to a slight drop at the open while the Nasdaq is flat. All three indexes closed at record highs Friday. Investors are eagerly awaiting the stock market debuts of unicorns DoorDash and Airbnb. Both are expected to begin trading following initial public offerings later this week. | CNN | Facebook
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140K views · 1.4K reactions | It's looking like a bit of a hangover fo…
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135K views · 256 reactions | Stocks are headed toward another day of...
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4K views · 145 reactions | Futures are pointing to a flat open Monday on a quiet day on Wall Street. A busy week of economic reports and the Fed's latest policy meeting lies ahead. In corporate news, shares of troubled electric truck maker Lordstown Motors was plunging after the company said its CEO and CFO were resigning. And in another sign of how fragile the economy still is, mall owner Washington Prime Group announced that it was filing for bankruptcy. | CNN Business | Facebook
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We’re watching markets open on a quiet day for stocks. Nio, the Shanghai-based company billed as China’s answer to Tesla, plummeted 18% after it warned that demand for its electric vehicles has failed to live up to expectations. Dollar Tree is up 3% after announcing it will close 390 Family Dollar stores. Abercrombie & Fitch is up 14% after reporting stellar results. | CNN Business
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We’re watching markets open as Fed Chair Jerome Powell begins two days of testimony before Congress. Futures turned higher after Powell strongly hinted in a prepared statement at a potential rate cut later this month. Levi Strauss is down more than 7% on concerns about future sales growth. | CNN Business
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35K views · 321 reactions | We’re watching markets open after Treasury Secretary Steven Mnuchin said the US and China were “about 90% of the way” to a trade deal. US chipmaker Micron is up more than 9% after reporting results that beat expectations. General Mills is down around 6% after reporting disappointing sales. | CNN Business | Facebook
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