Morning Briefing: 10 Things You Should Know
NEW YORK (TheStreet) -- Here are 10 things you should know for Wednesday, April 3:
1. -- U.S. stock futures were pointing to a second day of gains Wednesday as investor sentiment was stoked by Tuesday's record high closes and expectations that a jobs report will show that the U.S. recovery is strengthening.
European markets were paring earlier losses on Wednesday.
The Nikkei 225 in Japan closed with a gain of 2.99% as its central bank kicked off a two-day day meeting and fueled speculation of aggressive monetary measures.
2. -- The economic calendar in the U.S. Wednesday includes the ADP Employment Change report for March at 8:15 a.m. EDT, and the ISM Services index for March at 10 a.m.
3. -- U.S. stocks on Tuesday finished with gains, led by health care stocks.
The S&P 500 closed 0.52% higher at 1,570.25.
The Dow Jones Industrial Average closed up 0.61% to 14,662.01 while the Nasdaq finished ahead by 0.48% to 3,254.86.
4. -- Verizon Communications
Verizon owns the other 55% of Verizon Wireless. Verizon did say, however, it was still interested in buying out Vodafone's stake in Verizon Wireless.
5. -- Pfizer
6. -- Tesla Motors
Partnering with Wells Fargo
7. -- The next iPhone from Apple
Apple plans to begin producing a refreshed iPhone similar in size and shape to its current one within the next three months, the report said.
8. -- BP