U.S. stock futures were pointing to a slightly higher open on Wall Street this morning, following record closes for the S&P 500 and Nasdaq.
. All three averages remain on track for a positive week, which would be the third in the past four. The beleaguered Russell 2000 is finally out of correction territory after posting its best day in nearly a month yesterday. , the Labor Department is out with its weekly report on initial jobless claims. Also, durable goods orders for June are out at 8:30 a.m. ET.
On the earnings front, 50 companies are reporting today. Dow component 3M and NBCUniversal and CNBC parent Comcast are out with quarterly earnings this morning, with American Airlines , Bristol-Myers Squibb , Hershey , International Paper , LabCorp , Raytheon , Rockwell Automation , Royal Caribbean , Southwest Airlines , Tempur Sealy , and Waste Management are also reporting.
Alphabet , Amazon.com , Starbucks , and Intel will grab the after-the-bell earnings spotlight today, with T-Mobile US , Aflac , Boston Beer , Expedia , Juniper Networks , Mattel , and MGM Resorts out with quarterly numbers, as well.on President Donald Trump's two-year budget bill. The deal would raise U.S. discretionary spending to $1.37 trillion in fiscal year 2020, up from $1.32 trillion this year, according to reports, and will face resistance.
at the U.S.-Mexico border. The rule requires asylum-seekers to first pursue safe-haven in a third country they had traveled through on their way to the United States. August 2 after nearly two weeks of furious protests and political upheaval touched off by a leak of crude and insulting chat messages between Rossello and his top advisors. this morning, with some sort of easing move – or indication of one in the future – expected.
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