June 18 Premarket Briefing: 10 Things You Should Know
Here are 10 things you should know for Wednesday, June 18:
1. -- U.S. stock futures were rising slightly as investors awaited an update on the U.S. economy later Wednesday from the Federal Reserve .
European stocks rose for a second day. Asian stocks ended the session mostly lower, except for Japan where stocks rose 0.9%
2. -- The economic calendar in the U.S. on Wednesday includes the rates decision from the Federal Open Market Committee at 2 p.m. EDT.
3. -- U.S. stocks on Tuesday rose, though continuing tensions in Iraq and cautiousness as the Federal Reserve began its two-day policy meeting capped any big gains.
The Dow Jones Industrial Average rose 0.16% to 16,808.49, the S&P 500 added 0.22% to 1941.99, and the Nasdaq rose 0.37% to 4,337.23.
4. -- General Electric
Selling the signaling operations would help GE meet French President Francois Hollande's demand that the U.S. conglomerate help Alstom beef up its train business as a condition for blessing GE's purchase of one of France's industrial icons, according to the Journal.
5. -- Amazon.com
It was reported on Tuesday that AT&T
6. -- Shipping giant FedEx
7. -- Lawmakers are likely to express skepticism about some findings of a General Motors'
According to a congressional aide, members will have more questions about how much Barra knew about a problem with the ignition switches in the cars when she was GM product development chief, The Associated Press reported.
8. -- Adobe Systems'
Adobe reported earnings of 37 cents a share, beating analysts' expectations of 30 cents, Revenue in the quarter rose 5.9% from the year-earlier quarter to $1.07 billion; analysts were looking for revenue of $1.03 billion.
Second-quarter revenue from Adobe Marketing Cloud jumped 23% from a year earlier to $283 million.
9. -- Shares of Micros Systems
10. -- Red Hat