That’s what we’re seeing before Tuesday’s opening bell.
–Future U.S. stock markets faltered ahead of a rain of economic data.
S&P 500 futures rose 0.1% and Dow Jones Industrial Average futures were relatively flat after the two major indices closed at record highs on Monday. Technology-focused Nasdaq-100 contracts gained 0.6%, suggesting the technology sector could widen its rebound when the stock market opens. Read our full market wrap.
What’s going on?
–Gains are due of the cybersecurity company CrowdStrike CRWD -1.44%
and business application company Coupa Software COUP -3.47%
after closing.
–Monthly retail sales in February it fell by 3% month-on-month, a much larger decline than expected. January sales growth was revised upwards to over 7.5%, from what had previously been recorded as the biggest increase in seven months. U.S. business inventories for January, due at 10 a.m., are expected to increase 0.3% from the previous month.
Market Movers to Watch
– FuelCell Energy FCEL -7.11%
fell more than 12% before the open. The green energy company disappointed investors with a first-quarter loss that was higher than expected at 15 cents per share. Revenues also fell more than expected.
– AMC Entertainment AMC -7.99%
shares fell more than 5% ahead of the market after a 26% jump on Monday. Cinemas in the big Los Angeles market were finally able to reopen Monday after New York, the other critical market, which returned earlier this month.
An AMC theater reopened in New York on March 6, 2021.
Photo:
John Marshall Mantel / Zuma Press
– Fox Corp.
FOX 4.31%
B shares are among those that have risen ahead of the open and are trading approximately 5.2% higher. The stock price of Rupert Murdoch’s TV group has risen more than a third over the past month.
– FREE Whole Land Marks .T 7.10%
it also jumped more than 5% after the health food firm said fourth-quarter revenue rose nearly 25% and raised its target for 2021 earnings.
—Recent favorite GameStop GME -5.06%
it falls again before the market, falling 10% after falling 17% on Monday. The shares of the video game retailer continue to trade more than ten times more than they started in 2021.
– SL Green Realty SLG -2.82%
it falls 0.7% after a similar drop on Monday. Confidence in real estate investments has fallen from the S&P 500.
—Tesla TSLA sums up a pretty boring morning all the time -2.05%
barely on the move: Musk’s Elon “Technoking” electric car company fell 0.2%. But there was a commercial activity around Mr. Musk Elsewhere: Bidding for a tweet that came as a digital asset reached $ 1 million on Tuesday in an online marketplace that allows people to pay for the ownership of tweets. The tweet video features a golden trophy decorated with Shiba Inus, a nod to dogecoin and techno music.
—Energy companies have problems: ConocoPhillips,
Western Petroleum OXY -3.05%
and Exxon Mobil XOM -1.82%
they are all lower after falling on Monday. ConocoPhillips is off, 1.1%, Western 0.9% and Exxon 0.8%.
Market fact
The Dow Jones Industrial Average reached its 14th record close in 2021 on Monday, rising 0.5% to 32953.
Table of the day
Residential home sales are peaking in 2006, just before the bubble burst, but this time mortgages are tighter, down payments are higher and a tight supply supports prices.
I have to read since you went to bed
Cathie Wood persuades investors to stick with ARK
The tide of ESG funds brings benefits to Wall Street
OxyContin owner increases settlement offer to $ 4.28 billion
Vanguard pauses on background ambitions in China
Tesla’s Musk ‘Technoking’ joins a long line of weird titles
–Caitlin Ostroff contributed to this article.
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