April 15 Premarket Briefing: 10 Things You Should Know
Updated from 6:33 a.m. EDT
Here are 10 things you should know for Tuesday, April 15:
1.-- U.S. stock futures turned higher on Tuesday but global markets fell amid worries over tensions in Ukraine and after Chinese data pointed to an economic deceleration.
European stocks were down in early trading Tuesday.
Hong Kong's Hang Seng declined 1.6% and China's Shanghai Composite Index fell 1.4%. Japanese stocks bucked the trend with the Nikkei closing up by 0.6%.
2.-- The economic calendar in the U.S. on Tuesday includes the Consumer Price Index for March from 8:30 a.m. EDT, the Empire State Manufacturing Index for April at 8:30 a.m., and the NAHB Housing Market Index for April at 10 a.m.
3.-- U.S. stocks on Monday rose after stronger-than-expected earnings from Citigroup
The Dow Jones Industrial Average closed 0.91% higher to 16,173.24 while the S&P 500 gained 0.82% to finish at 1,830.61. The Nasdaq added 1.57% to 4,022.69.
4. -- Jeff Immelt may give up leadership of General Electric
Immelt, who has been CEO of GE for nearly 13 years, has led several board discussions about shortening the expected tenure for GE's next chief executive to between 10 and 15 years, the people told the newspaper.
Immelt maintains strong support on the board, but directors increasingly expect that he will step down before reaching the two-decade mark in 2021, the people said.
GE shares rose 0.3% in premarket trading on Tuesday.
5. -- Yahoo!
The Internet company earned 38 cents a share in the year-earlier quarter.
6. -- Juniper Networks
The move follows an extensive review of Juniper's enterprise businesses and could signal a willingness by the network gear maker to shed more non-core assets, in line with recent calls by some of its activist shareholders, according to Reuters.
7. -- Beverage giant Coca-Cola
The stock was rising 1.5% in premarket trading to $39.31.
8. -- Wall Street expects Intel
9. -- Relativity Media was rebuffed in a last-minute bid for Maker Studios , the YouTube video creator that agreed to be bought by Walt Disney