US stock futures were mixed, with the Dow Jones Industrial Average rising, the Nasdaq-100 falling and the S&P 500 flat. Here we see when trading is going on Monday:
- Blancheck firm Gores Guggenheim rose 4.7% ahead of launch. A partnership with Polestar, which is expected to cost Swedish electric car makers $21 billion, is imminent.
- Crude oil prices have been at their highest level in nearly three years, and the share of major producers has outpaced the market. Occidental Petroleum gained 2.5%, ExxonMobil by 1.3% and ConocoPhillips by 1.5%.
- Cruise operator Carnival’s stock has soared 1.8% in front of the market after announcing it would depart the Port of Los Angeles over the weekend for the first time since last year. Travel for the third quarter on Friday reported positive cash flow. Rival Royal Caribbean is 0.8% higher.
- Major airlines were also moving on from Bell, in anticipation of another economic recovery from the pandemic. United Airlines, Delta Air Lines and American Airlines each gained 0.7% and Southwest Airlines 1%.
- But then not everyone is excited about people returning to their normal routines. Zoom Video Communications dropped 1% before going on sale.
- Shares of PG&E fell 2.3% before the market. California prosecutors have filed multiple criminal charges against utilities in connection with the Zog Fire, which killed four people.
- Companies that reported earnings Monday include Aurora Cannabis and Concentrix.
- Day traders are targeting some of the companies that recently completed the SPAC merger, reviving some of the meme stock’s enthusiasm that helped popularize such deals earlier in the year. ..
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Gores Guggenheim, Exxon, Carnival, PG&E: Things to watch when the stock market opens today
Source links Gores Guggenheim, Exxon, Carnival, PG&E: Things to watch as stock markets open today