Home News World Stock Market News Beyond Meat, DraftKings, Carnival: What to Watch When the Stock Market Opens Today

Beyond Meat, DraftKings, Carnival: What to Watch When the Stock Market Opens Today

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Beyond Meat, DraftKings, Carnival: What to Watch When the Stock Market Opens Today

Right here’s what we’re watching earlier than Wednesday’s buying and selling will get underway.

  • U.S. inventory edged down as buyers awaited notes from the Federal Reserve’s final coverage assembly for clues on how officers view inflation and the tempo of financial restoration.
  • Futures tied to the S&P 500 edged down 0.2%, Dow Jones Industrial Common futures slipped 0.1% and contracts on the technology-heavy Nasdaq-100 have been down 0.3%. Learn our full market wrap.
What’s Coming Up
  • Earnings are due from Landec after the shut.
  • The Federal Reserve releases minutes from its March 16-17 assembly at 2 p.m.
  • U.S. client credit score for February is out at 3 p.m.
Market Movers to Watch

— Past Meat shares climbed 2.5% premarket after the plant-based meat firm mentioned it should open its personal manufacturing facility in China.

— Merely Good Meals shares gained 1.1%. The meals maker reported its internet gross sales rose barely from a 12 months earlier in its second quarter.

— Carnival shares added 2% forward of the bell. The cruise operator on Tuesday mentioned it’s extending its crusing pause out of the U.S. by a month by way of the top of June as U.S. authorities haven’t laid out a transparent timeline for a resumption of cruises. Royal Caribbean was additionally up, by 1.6%.

— DraftKings shares rose 1.2% premarket after New York formally accredited authorized on-line sports activities betting.

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