00:00all right futures are green across the board here a little bit of uh green arrows as we move
00:13into the pre-market open here into the open i got the s p up 0.29 percent the dow up 0.1 percent
00:21and the nasdaq leading the way higher at 0.38 percent ahead of the open let's also take a look
00:27at some cues from last session here the market ended on a broadly positive note on friday with
00:33most sectors finishing higher consumer staples was the top performing sector posting a significant
00:38gain of 1.23 percent other strong performers included financials and energy on the negative
00:44side only two sectors declined utilities was the biggest laggard followed by materials all three
00:50benchmark indices logged weekly gains with the s p 500 advancing 0.63 percent the nasdaq up 0.4
00:57five percent and the dow up by 0.52 percent on sunday president trump again warned that the u.s
01:07economy would face significant challenges if the supreme court were to rule against the majority
01:11of the tariffs imposed earlier this year investors will watch out for major earnings this week which
01:18include tesla intel netflix coca-cola and procter and gamble the 10-year treasury bond back above four
01:26percent at 4.01 percent and the two-year bond is at 3.47 percent now we do have some stocks in focus
01:34here today the first one is going to be cleveland cliffs this is ticker clf it rose 1.13 percent in
01:41the pre-market on monday as analysts expect it to report a quarterly loss of 48 cents per share on revenue
01:49of 4.9 billion now it does look like cleveland cliffs earnings are out here let me see if i can
01:55actually get that for you uh eps was minus 0.482 versus the minus 0.45 estimate uh it looks like
02:03cleveland cliffs here is trading higher uh in the pre-market here looks like we had a high there
02:0814.98 it's backed off a little bit here at 14 uh 14.45 so right under 14.50 uh looks like that is
02:18trading higher here micron the second stock on the list that's ticker mu that was up 3.27 percent
02:24following a reuters report that the company will stop providing server chips to data centers in china
02:30so uh micron also uh trading up here in the pre-market i know we took a look at those charts
02:36last week that one still very extended micron printing 210 here in the pre-market moderna
02:42ticker mrna that was up 0.65 percent after the government's renewed national immunization strategy
02:50to combat rising covid19 variants bm and are making our list here bitmine immersion technologies that
02:58jumped 6.1 percent after the co-founder and ceo tom lee announced that the digital asset treasury firm
03:04will be launching a staking solution excuse me staking solution quote very soon also worth noting
03:11bitcoin was up here this morning followed by ethereum that's generally bringing uh bitmine
03:16immersion with it coinbase rounds out our list here ticker coin shares advanced 3.58 percent after
03:23the company unveiled an all-in-one financial platform for small and medium businesses enabling
03:28them to receive crypto manage assets and earn up to 4.1 apy on us dc stable coins
Comments