Tesla will unveil its new SUV on March 14
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| | 3/04/2019 | |
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Dow Futures Jump on U.S.-China Trade Deal Reports | By Patrick Martin | | Dow Jones Industrial Average (DJI) futures are pointed confidently higher this morning, thanks to more optimistic U.S.-China trade headlines. More specifically, a Wall Street Journal report on Sunday indicated that trade negotiations between the two countries were in their final stages, and a deal could be signed by the end of the month. The report also suggests China is willing to reducing tariffs on certain U.S. goods, including automobiles. Oil prices are in focus, too, with April-dated crude futures up 1.2% at $56.48 per barrel. Elsewhere, Tesla (TSLA) is in the news once more, this time after announcing plans to unveil its Model Y SUV on March 14. Continue reading for more on today's market, including: - FAANG rumors triggered a Kroger stock sell-off.
- Capri calls were hot after a bullish Jefferies note.
- This financial stock just flashed a bullish options signal.
- Plus, Eli Lilly introduces cheaper insulin; Foot Locker gets analyst love; and Alibaba announces Office Depot team-up.
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