Investors appear cautious ahead of the final seven trading days of April, with futures pointing to a lower open this morning.
Investors appear cautious ahead of the final seven trading days of April, with futures pointing to a lower open this morning after the S&P 500 logged its first weekly decline in four weeks. However, the Dow gained ground in last week's holiday-shortened trading.
On the economic calendar, the National Association of Realtors issues March existing home sales at 10 a.m. ET. Among the companies out with earnings this morning are Halliburton , Kimberly-Clark and WW Grainger . Whirlpool releases numbers after the closing bell. Democratic presidential candidates diverge in how to respond to the Mueller report, with Elizabeth Warren calling for the impeachment of Donald Trump, Cory Booker saying not yet and Bernie Sanders calling for more congressional investigations. Tesla said it immediately sent a team to investigate an apparent explosion of one of its cars in Shanghai on Sunday. It's not immediately clear which model was affected, but reports indicated the electric vehicle was parked at the time of the fire.
Samsung is postponing its China launch event for its foldable smartphone, just days after reports of defective screens on the $2,000 device. Journalists, including CNBC's Todd Haselton, who reviewed the product over the past few weeks, reported issues with the screen. Bed Bath & Beyond said co-founders and co-chairmen Warren Eisenberg and Leonard Feinstein will retire from the board and the retailer will appoint five independent directors.
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