Bank Stock Sends Up Bear Alarm Before Earnings

The U.S. added a stronger-than-expected 196,000 new jobs last month

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OPENING VIEW     4/05/2019
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Dow Futures Surge After Strong March Jobs Data By Karee Venema Share On Stock futures are signaling a higher open, after a report from China's Xinhua News Agency indicated Chinese President Xi Jinping communicated to U.S. President Donald Trump through Vice Premier Liu He that significant headway had been made in trade negotiations between the two countries, and a deal should made as quickly as possible. Traders are also digesting a stronger-than-expected nonfarm payrolls report, which showed the U.S. added 196,000 new jobs in March. Against this backdrop, Dow Jones Industrial Average (DJI) futures are trading above fair value, with the blue-chip index set for a big weekly gain. Continue reading for more on today's market, including:  This bank stock sent up a bear alarm ahead of earnings. Citigroup said "sell" this U.K. software stock. Analysts target new highs for Etsy, Twitter stocks. Plus, Morgan Stanley upgrades Bed Bath & Beyond; Duluth earnings disappoint; and the drug stock selling off on a halted cancer study. >> Continue reading...
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