A modestly lower open appears to be in store for Wall Street, after a strong Monday rally.
U.S. stock futures were lower this morning after a strong Monday rally that saw the Dow Jones Industrial Average post its largest one-day gain since February 15. The gains pushed both the Dow and S&P 500 within about 2.5 percent of their all-time highs. div > div.group > p:first-child"> Amazon is cutting prices at its Whole Foods supermarkets this week, with the Wall Street Journal reporting that more than 500 products will see reduced prices.
The Associated Press reported, citing sources, that the Trump administration is considering bringing on a "border" or"immigration czar" to coordinate the president's immigration policies across various federal agencies. Britain was no nearer to resolving the chaos surrounding its departure from the EU after Parliament failed to find a majority of its own for any alternative to Prime Minister Theresa May's divorce deal. Measles continues to spread across the U.S., with outbreaks in four states infecting more people in the first three months of 2019 than in all of last year, according to new data from the Centers for Disease Control and Prevention.
Dow Inc. will begin trading today on the New York Stock Exchange, following its separation from DowDupont . The materials sciences company's stock will also replace DowDupont in the Dow Jones Industrial Average as of today. A third company, Corteva Agriscience, will be separated from DowDupont on June 1, at which time DowDupont will change its name to DuPont.
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