(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, here ; for the Morning News Call newsletter, here ) U.S. stocks looked set to open little changed on Friday, with all three major indexes near record highs, a day after Federal Reserve Chair Janet Yellen sent a strong signal that interest rates would be increased next month.
Dow Jones industrial average futures were up 0.01 percent at 18,870, S&P 500 futures were up 0.03 percent at 2,185 and Nasdaq 100 futures were up 0.05 percent at 4,831.
** ABERCROMBIE & FITCH CO, Thursday close $16.93, -9.75 pct premarket
The teen apparel retailer posted a bigger-than-expected drop in quarterly sales as fewer customers visited its namesake stores.
** MARVELL TECHNOLOGY GROUP LTD, Thursday close $13.36, +8.91 pct premarket
The chipmaker reported a better-than-expected quarterly profit and said it would buy back $1 billion of shares.
** SALESFORCE.COM INC, Thursday close $75.19, +5.93 pct premarket
The San Francisco-based company forecast current-quarter revenue above analysts’ estimates as it closed deals for its cloud-based sales and marketing software with a number of major customers.
** GAP INC, Thursday close $30.71, -7.36 pct premarket
The apparel chain said it would shut more stores than forecast previously and that it expected a further drop in traffic during the crucial holiday shopping season.
** TESLA MOTORS INC, Thursday close $188.66, +1.03 pct premarket
** SOLARCITY CORP, Thursday close $20.4, +2.55 pct premarket
Tesla Chief Executive Elon Musk won approval on Thursday from the electric luxury automaker’s shareholders for an acquisition of SolarCity, the solar energy system installer in which he is the largest shareholder.
** FORD MOTOR CO, Thursday close $11.87, +0.08 pct premarket
U.S. President-elect Donald Trump said Ford Executive Chairman Bill Ford Jr told him the automaker would not move a Kentucky plant to Mexico, but the firm said it informed him the decision was to keep one vehicle in U.S. production.
** ALPHABET INC, Thursday close $786.16, +0.35 pct premarket
Alphabet’s Google faces a tougher regulatory landscape as U.S. President-elect Donald Trump’s incoming administration looks poised to reverse Obama administration policies that often favored the internet giant in the company’s battles with telecoms and cable heavyweights, analysts say.
** JPMORGAN CHASE & CO, Thursday close $78.02, +0.06 pct premarket
JPMorgan is once again facing questions about who will succeed its larger-than-life chief executive after Jamie Dimon was courted by the incoming U.S. president for the role of Treasury secretary.
** SPECTRUM PHARMACEUTICALS INC, Thursday close $4.27
The cancer-focused drugmaker the U.S. Food and Drug Administration had rejected the drugmaker’s bladder cancer treatment, apaziquone.
** MCDONALD‘S CORP, Thursday close $119.45, +0.25 pct premarket
The 61-year-old fast-food company, aiming to become more modern and nimble, is updating U.S. restaurants with self-service kiosk ordering, mobile payments, “smart” menu boards, custom sandwiches and table service, executives said on Thursday.
** NEWMONT MINING, Thursday close $32.7, -0.89 pct premarket
** COEUR MINING INC, Thursday close $9.51, +0.00 pct premarket
** BARRICK GOLD CORP, Thursday close $15.36, -1.30 pct premarket
** AGNICO EAGLE MINES LTD, Thursday close $42.78, -2.03 pct premarket
** SIBANYE GOLD LTD, Thursday close $9.46, -1.69 pct premarket
U.S.-listed stocks of gold miners slipped as dollar surged to a near 14-year high on expectations of a U.S. interest rate hike next month and more infrastructure spending from the new U.S. administration.
Compiled by Laharee Chatterjee; Editing by Maju Samuel