What to watch today: Dow to rise, Hong Kong bows to protesters, and NRA slams Walmart | | | WED, SEP 04, 2019 | | | AS OF WED, SEP 04, 2019 • 07:43 ET | Dow Jones Fut | 26,118.02 | Current: | 26,338.00 | Change: | 216.00 | Impl. Open: | 215.98 | | S&P 500 Fut | 2,906.27 | Current: | 2,931.25 | Change: | 25.25 | Impl. Open: | 24.73 | | NASDAQ 100 Fut | 7,609.51 | Current: | 7,700.75 | Change: | 83.25 | Impl. Open: | 87.24 | | Russell 2000 Mini | 1,472.28 | Current: | 1,484.60 | Change: | 14.50 | Impl. Open: | 11.77 | | The British pound was moving higher, after parliament opened the door for another Brexit delay. The move sets up another vote Wednesday on whether to block the government from proceeding with a no-deal departure from the European Union trading bloc on Oct. 31. (CNBC) | | Amazon (AMZN) is testing a biometric payment system that charges users by scanning their hands, according to the New York Post. Amazon would reportedly introduce the technology at some of its Whole Foods stores by the beginning of 2020. | | Apple (AAPL) plans to introduce a cheap new iPhone next spring to address declining market share, according to Japan's Nikkei news service. The phone, reportedly a successor to the iPhone SE, comes as the U.S. tech giant saw two straight quarters of shipment declines. | | Tapestry (TPR), the Coach and Kate Spade parent, named Chairman Jide Zeitlin as its new CEO. He succeeds Victor Luis, who had been CEO for 13 years. Zeitlin remains as chairman in addition to assuming CEO duties. | | Tyson Foods (TSN) cut its full-year earnings forecast to $5.30 to $5.70 per share, compared to estimates of $5.94. The poultry and beef producer cites the impact of a recent fire at a key factory as well as commodity market volatility. | | Hedge fund Starboard Value disclosed a 7.5% stake in Box (BOX), calling shares "undervalued." Starboard, now the second largest shareholder behind Vanguard, said it may talk to the cloud service provider about exploring a potential sale. | | Realty Income (O) announced the acquisition of 454 single-tenant properties from CIM Real Estate for about $1.25 billion in cash. The real estate investment trust also raised its outlook. | Ariana Grande is suing Forever 21, claiming the retailer used a look-alike model to promote its products. The pop star, who declined to work with Forever 21, is seeking at least $10 million in damages. The embattled retailer is considering filing for bankruptcy. (CNBC) | | | | |
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