Business

Zillow, State Street, Valneva, Coinbase: Things to watch when the stock market opens today

Equity futures have fallen after China’s third-quarter economic growth has fallen below economists’ expectations. This is what we see before the opening bell on Monday.

  • Zillow Group fell 6.1% before launch. An online real estate company told Bloomberg that it “beyond its operational capabilities” and will not buy a home for the rest of the year.
  • State Street and Albertsons will report earnings before the opening.
  • The Intercontinental Exchange has risen more than 2% in front of the market after Silver Lake announced that it will acquire a 9.85% stake in ICE’s Euroclear Holding.
  • Crude oil prices rose at the beginning of Monday, and producers’ stock prices rose. Occidental Petroleum increased by 2.3% and Diamondback Energy increased by 1.2%.
  • Bitcoin has traded over $ 61,000 and the digital wallet provider’s Coinbase has risen 1.3% before the bell.
  • The US stocks of French biotechnology Valneva soared 39% before the market. Coronavirus vaccine candidates outperformed AstraZeneca in Phase 3 trials and met both primary endpoints.
  • Meanwhile, Johnson & Johnson was voted 19-0 by a panel of outside physicians and experts, and all adults who received the first Johnson & Johnson vaccine received a second dose at least two months later. After recommending to receive it, it increased by 0.2%.
  • Vaccine maker Moderna fell 0.8% before marketing. Last week, the FDA postponed the decision to make Covid-19 shots available to adolescents and evaluated whether they could increase the risk of rare inflammatory heart disease.
  • Steel Dynamics reports revenue after closing.
Today’s chart
  • Hong Kong has launched futures trading associated with the mainland China stock index, providing global investors with a new tool for betting on the Chinese market.

Write a letter to James Willhite at james.willhite@wsj.com

Zillow, State Street, Valneva, Coinbase: Things to watch when the stock market opens today

Source link Zillow, State Street, Valneva, Coinbase: Things to watch when the stock market opens today

Back to top button