U.S. stocks are limping to the finish ahead of the final two trading days of March.
U.S. stock futures were modestly higher this morning ahead of the final two trading days of March. The S&P 500 and Nasdaq have fallen in three of the past four sessions, although both are still higher for the month, while the Dow still has a 1.1 percent March deficit to make up.
China has made unprecedented proposals in talks with the U.S. on a range of issues including forced technology transfer as the two sides work to overcome remaining obstacles to a trade deal, Reuters said, citing a U.S. official.President Donald Trump said in a Fox News interview that he intends to release classified documents the FBI used to launch a probe of Russian interference in the 2016 election.
Trump's presumptive nominee for the Federal Reserve, Stephen Moore, owes more than $75,000 in unpaid federal income taxes and related penalties, court records reveal. Lyft is expected to price its shares today and go public Friday on the Nasdaq under the ticker LYFT. The company increased its expected IPO share price range to between $70 and $72 per share in a new filing.
Five Below came in a penny ahead of estimates with quarterly earnings of $1.59 per share, with the discount retailer's revenue also registering a beat. Five Below did, however, issue a 2019 earnings outlook of $3.00 to $3.07 per share, below the consensus estimate of $3.13. Five Below was also added to the"Conviction Buy" list at Goldman Sachs, with a price target of $147.
Volkswagen CEO Herbert Diess told reporters he is not interesting in buying or partnering with Fiat Chrysler . That comes a day after reports said Renault planned to pursue Fiat Chrysler if it can restart and successfully conclude merger talks with longtime partner Nissan.
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