U.S. stock-index futures drift lower but are trading close to unchanged on Tuesday as investors await the first presidential debate, a number of important economic reports and a barrage of speakers from the Federal Reserve.
The gloomy mixture of COVID-19 fears and political uncertainty are on investors’ minds early on Tuesday.
Mission Produce shares are expected to price between $15 and $17, and the company’s value could reach $1.18 billion.
Amazon has announced the dates for this year’s Prime Day, which could mark the start of the holiday shopping season.
The U.S. initial public offering market is expected to see 11 deals and two direct listings this week, adding fuel to what will be the biggest third quarter since the dot.com era.
Asian markets were mixed in early trading Tuesday, following gains on Wall Street.
NTT Docomo Inc., Japan’s top cellphone service provider, said it planned to return to 100% control by its parent, Nippon Telegraph and Telephone Corp., in a deal expected to cost the parent nearly $40 billion.
Microsoft Corp. on Monday suffered disruptions with its Office 365 workplace software tools and its Azure cloud that disabled some users for hours.
Dr. Anthony Fauci criticized Fox News and attempted to downplay differences with White House coronavirus task force colleague Dr. Scott Atlas on Monday, saying the real enemy remains COVID-19.
Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi agreed to keep talking on pandemic-related aid for the economy Monday, even as House Democrats readied their own bill for a possible vote later in the week.