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here. U.S. stock futures were modestly higher this morning, following a day that saw the Dow, S&P 500 and Nasdaq all set record intraday highs before fading. | Dow Jones Fut | 23,580.78 | Current: | 23,599.00 | Change: | 37.00 | Impl. Open: | 44.22 | | S&P 500 Fut | 2,601.42 | Current: | 2,604.25 | Change: | 2.50 | Impl. Open: | 3.98 | | NASDAQ 100 Fut | 6,405.97 | Current: | 6,417.75 | Change: | 4.50 | Impl. Open: | 9.78 | | Russell 2000 Mini | 1,513.31 | Current: | 1,517.30 | Change: | 4.10 | Impl. Open: | 3.99 | | Quotes as of 11/28/2017 8:00:03 AM ET | U.S. stock futures were modestly higher this morning, following a day that saw the Dow, S&P 500 and Nasdaq all set record intraday highs before fading. That fade sent the S&P 500 and Nasdaq negative at the close, with the S&P down for the second time in three sessions. (CNBC) Fed chair nominee and current Fed Governor Jerome Powell will be on the hill today for his confirmation hearing before the Senate Banking Committee at 10 a.m. ET. Markets will pay close attention to Powell's comments on regulation and inflation. (CNBC) Buffalo Wild Wings (BWLD) shares were 6 percent higher premarket after it announced it would be acquired by Arby's Restaurant Group for $157 per share in cash, or $2.9 billion. That represents a 38 percent premium to BWW's stock price on Nov. 13. (CNBC) Housing will be in focus today as the September Case-Shiller report on home prices is released at 9 a.m. ET. At 10 a.m. ET, the Conference Board is out with its November Consumer Confidence Index. There are no earnings reports of note out this morning. (CNBC) | President Trump once again called Sen. Elizabeth Warren "Pocahontas" during an event honoring Native American veterans. Trump previously sparked backlash by using the term, which Warren and others have called racially charged. (CNBC) Democratic Sen. Al Franken returned to Congress this week to begin what he called a process of rebuilding trust shattered by allegations he had groped or inappropriately touched women, vowing "this will not happen again." (Reuters) Athenahealth (ATHN) named Marc Levine as its new chief financial officer. Levine is a former executive at Hewlett-Packard and JDA Software, and will replace interim CFO John Kane, who will continue as a board member for the health care software maker. Toyota Motor (TM) appointed Koji Kobayashi as chief financial officer. Kobayashi had been a top executive at the automaker's biggest parts supplier, Denso Corporation, and had previously worked at Toyota for more than 30 years. Unilever (UL) is considering abandoning its dual structure, although the consumer products giant added that it had not made a final decision as yet. Unilever currently has dual headquarters in Rotterdam and London, and had said it would review its structure after rejecting a $143 billion takeover offer from Kraft Heinz earlier this year. Hormel (HRM) said its acquisition of deli meats company Columbus Manufacturing had closed, and the food maker also raised its full-year 2018 guidance to a range that comes in largely above Street consensus. SodaStream, a company whose devices let people turn seltzer into soda or lemonade, launched a new drink mix that allows users to turn water into wine. It's the first time the company has offered an alcoholic mix for sparkling water. (The Verge) | | News Associate | | | Senior Producer | | Feedback We value your input—use our simple form to let us know what you think. Click here for Real-Time data and top stories on your desktop or mobile device. |
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