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here. | U.S. stock futures were pointing the Dow toward another intraday record high this morning, even after yesterday's 255 point surge. | | Dow Jones Fut | | 23,836.71 | | Current: | 23,887.00 | | Change: | 76.00 | | Impl. Open: | 76.29 | | | S&P 500 Fut | | 2,627.04 | | Current: | 2,629.50 | | Change: | 3.50 | | Impl. Open: | 3.56 | | | NASDAQ 100 Fut | | 6,422.56 | | Current: | 6,427.25 | | Change: | 7.00 | | Impl. Open: | 2.29 | | | Russell 2000 Mini | | 1,513.31 | | Current: | 1,539.50 | | Change: | 3.30 | | Impl. Open: | 3.19 | | | Quotes as of 11/29/2017 7:22:42 AM ET |
Autodesk (ADSK) shares were 11 percent lower in premarket after the software maker announced a restructuring plan which will see layoffs of about 13 percent of its workforce. It also posted weaker than anticipated guidance for the coming quarter.
Fed Chair Janet Yellen will testify on the economic outlook before the Joint Economic Committee of Congress at 10 a.m. ET, and then again at 2 p.m. ET, when the Fed releases its Beige Book, the region-by-region assessment of the U.S. economy. (CNBC)
At 8:30 a.m. ET, the government is out with its second reading of third-quarter GDP. Mortgage Bankers Association releases its weekly report on mortgage applications at 7 a.m. ET, and the National Association of Realtors out with October pending home sales at 10 a.m. ET. (CNBC)
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A U.S. district court has denied a temporary restraining order to prevent President Trump from naming an interim director of the Consumer Financial Protection Bureau. Trump said budget director Mick Mulvaney will lead the agency. (Reuters)
The airport on the Indonesian resort island of Bali reopened today after an erupting volcano forced its closure two days ago, but the country's president said the danger had not passed and urged anyone within the mountain's exclusion zone to get out "for the sake of their safety." (AP)
Microsoft (MSFT) will rebuild its Redmond campus in a project that will take between five and seven years, making room for 8,000 new employees. It will include $150 million in transportation infrastructure improvements, public spaces, sports fields and green space. (CNBC)
Uber's quarterly adjusted losses widened to $743 million, up 14 percent from the previous quarter, according to new documents. The company's third-quarter net revenue stood at $2 billion, up 14 percent from the previous quarter. (Financial Times)
Apple (AAPL) is scrambling to fix a serious glitch within its latest Mac operating system. A major flaw in the way the MacOS High Sierra operates means that anyone can gain entry to a computer without the use of a password. (CNBC)
A Centers for Disease Control report found that half of those diagnosed with HIV in 2015 had been infected for at least three years, a seven-month improvement from 2011. This was helped by efforts to increase testing for the virus that causes AIDS, officials says. (Reuters)
Marvell Technology (MRVL) reported adjusted quarterly profit of 34 cents per share, 1 cent above estimates, with the chipmaker's revenue also above Street forecasts. Marvell also gave an upbeat current quarter forecast, as demand for its networking and connectivity chips increases.
Nuance Communications (NUAN) earned an adjusted 20 cents per share for its latest quarter, 5 cents above estimates, with revenue beating forecasts as well. The voice and language solutions provider saw particular strength in its medical cloud-related offerings.
AT&T (T) and Time Warner (TWX) filed a response to the Justice Department's objection to their planned merger, saying the proposed deal was "pro-competitive" and "pro-consumer". The companies said the markets in which they participate are highly competitive now and would remain so after the deal is completed.
Regal Entertainment (RGC) issued a statement confirming reports that the movie theater operator is currently in talks with Britain's Cineworld Group about possibly being acquired for $23 per share. Regal said no agreement had been reached and there was no assurance a final deal would be struck.
Wal-Mart Stores (WMT) was upgraded to "sector perform" from "underperform" at RBC Capital, which said the retail giant's various investments will pay off in the long term.
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 | News Associate | |  | Senior Producer | |
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