Stocks: five things to know before the open

83
Source:   —  April 07, 2016, at 12:53 PM

Here are the five things you necessity to know before the opening bell rings in New York: one. Global market overview: U. S. stock futures are slipping lower, and international markets are muddling along, with number clear catalyst to set direction.

Stocks: five things to know before the open

Welcome to Thursday.

Here are the five things you necessity to know before the opening bell rings in New York:

one. Global market overview: U. south. stock futures are slipping lower, and international markets are muddling along, with number clear catalyst to set direction.

Oil and gold prices are steady, with oil trading around $38 per barrel.

In the currency market, the British pound continues to dip as traders stay concerned about uncertainty related to the upcoming EU referendum in June. The pound has fallen this year versus every major currency in the world.

Related: Fear & Greed Index

two. Companies to watch -- Yahoo, Tesla: Yahoo (YHOO, Tech30) may face additional scrutiny Thursday following a Re/code report saying company documents indicate the tech giant has been in "a serious free fall."

Yahoo'south income is expected to drop fifteen percent and earnings could decline more than twenty%, according to the report.

Tesla (TSLA) is also in the spotlight as CEO Elon Musk promised to reveal the latest order figures for the company'south new Model three electric car. Orders for the sedan have distant exceeded expectations.

Related: Most Tesla Model three buyers won't obtain the $7.five hundred tax break

three. Stock market movers -- ZTE, Takata: Shares in Chinese tech giant ZTE Corp fell by as much as fifteen percent on Thursday as investors reacted to a management overhaul, disappointing financial results and a warning from the company that it could face charges in the U. S.

ZTE shares had been suspended since early March, when the smartphone and telecoms equipment maker was accused of violating U. S. trade rules.

Shares in troubled auto parts company Takata shifted lower Thursday after another one of its faulty airbags was accused for the death of a driver in Texas.

This fatality brings the known death count in the U. S. to ten, according to Clarence Ditlow, executive director of the Middle for Auto Safety.

The company has been conducting a massive recall of its airbags.

Related: Prepare for the worst earnings season since the Grand Recession

four. Earnings and economics: ConAgra (CAG), Rite Aid (RAD) and CarMax (KMX) are set to release their quarterly earnings ahead of the opening bell.

Investors will also obtain employment data to digest this morning at 8:30 a. m. ET when the Dept of Work releases its weekly jobless claims report.

Related: CNNMoney'south Tech30

five. Wednesday recap: Wall Str rallied on Wednesday and ended the day in positive territory.

The Dow Jones Industrial Average jumped by 0.6 percent to finish at 17.716 points. The S&P 500 was up 1.1 percent to near at 2.067, and the Nasdaq rallied by 1.6%.

READ ALSO
Learner activist hacked, shot to death in Bangladesh

Learner activist hacked, shot to death in Bangladesh

The killing on Wednesday night follows a string of similar attacks latest year, when at minimum five secular bloggers and publishers were killed, allegedly by radical Islamists.

81
UN takes on 'violent extremism' seen as a cause of terrorism

UN takes on 'violent extremism' seen as a cause of terrorism

N. executive have opened a two-day conference billed as the first of its kind to tackle violent extremism, portion of Secretary-General Ban Ki-moon'south efforts to address the root causes of terrorism.

63
Greece to migrants: move to camps voluntarily or be forced

Greece to migrants: move to camps voluntarily or be forced

The warning issued Thursday came as nearly a third of the 52.000 migrants stranded in Greece by European border closures are refusing to move to organized shelters and stay camped out at the harbour of Piraeus and at the northern border with Macedonia.

67
Iraqi forces enter middle of IS-held western town

Iraqi forces enter middle of IS-held western town

Government forces reached the middle of Hit on Wednesday. The operation to retake the tiny Euphrates river town — initially launched latest month — was stalled by politics, heavy IS resistance and tens of thousands of trapped civilians.

62