| What to watch today: Dow set to build on Friday's 829 point surge | | |  | MON, JUN 08, 2020 | | | | AS OF MON, JUN 08, 2020 • 08:34 ET | | Dow Jones Fut | | 27,110.98 | | Current: | 27,345.00 | | Change: | 273.00 | | Impl. Open: | 254.02 | | | S&P 500 Fut | | 3,193.93 | | Current: | 3,209.50 | | Change: | 22.75 | | Impl. Open: | 17.57 | | | NASDAQ 100 Fut | | 9,824.39 | | Current: | 9,811.75 | | Change: | 3.25 | | Impl. Open: | -9.84 | | | Russell 2000 Mini | | 1,507.15 | | Current: | 1,536.60 | | Change: | 33.90 | | Impl. Open: | 30.65 | | | RBC Capital raised its price target for Amazon (AMZN) to $3,300 per share, the highest on Wall Street. That kind of level would put the stock over 30% higher than Friday's close. RBC, which rates Amazon outperform, said that online retail is a "structural winner" resulting from the Covid-19 pandemic. (CNBC Pro) | | Internal campaign surveys and public polling showed a steady erosion in support for President Donald Trump among older people and in battleground states once believed to be leaning decisively in his direction. Trump's handling of the pandemic and protests are being blamed for the polling slump. (AP) | | | | Facebook (FB) chief Mark Zuckerberg said the social network will review existing policies on content related to civil unrest and violence, following criticism over its stance of not moderating or taking down some posts related to those subjects, including some from the president. (CNBC) | | AstraZeneca (AZN) contacted Gilead Sciences (GILD) last month about a merger between the two drugmakers, according to a Bloomberg report. Other reports said AstraZeneca is no longer interested in pursuing such a deal, however. | | | | Users of Apple's (AAPL) Apple Card will soon be offered the option of paying for iPads, Macs, and AirPods in monthly, interest-free installments, according to Bloomberg. Apple Card users already have that option for iPhone purchases. | | | | Malaysia's new finance minister told Reuters that $3 billion would not be enough to settle the case involving Goldman Sachs (GS) and sovereign wealth fund 1MDB. The country's former prime minister said in December that Goldman had offered more than $1 billion, to accusations that Goldman had misled investors over $6.5 billion in bond sales. | | | | Recreational vehicle maker Thor Industries (THO) reported fiscal third-quarter profit of 43 cents per share, compared to expectations of a quarterly loss. Revenue also beat forecasts. Thor said it was able to adjust its cost structure to deal with the negative impact of the Covid-19 pandemic. It also said sales began to improve in May as dealerships reopened. | | | | PG&E (PCG) plans to raise $5.75 billion through public offerings of stock and equity units to help fund its emergency from Chapter 11 bankruptcy protection. That's in addition to about $3.25 billion in private stock sales. | | SpaceX is about a week past launching astronauts for the first time but CEO Elon Musk wants employees to focus on developing the company's next-generation Starship rocket, according to an email seen by CNBC. But the Starship development program has suffered several dramatic setbacks and Musk in the email declared it "the top SpaceX priority." | |  | | |
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