Beat the street: rate worries; China; Fed; Costco; Tesla
US stocks are indicated lower amid comments suggesting the Fed's prolonged restrictive monetary policy. Tesla and European carmakers will be part of a probe into whether the country’s EV industry is receiving unfair subsidies.
(Partial Video Transcript)
US stocks worth watching
Hello, I’m Angeline Ong and welcome to Beat the Street, the show that gives you all the tradeable news and data you need ahead of the Wall Street Open.
Coming up, US stocks in focus and indicated lower amid interest-rate concerns. And that is our word that seems to be creeping back into this session.
Costco, we are waiting on those results as the retailers earnings are on deck. And the question will be can the retailer managed to gain market share amid tough market conditions.
And Cisco’s Splunk deal: will it prompt a software deal frenzy? We’re watching out for names like Datadog and Dynatrade as some analysts say they are attractive targets…
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