By Barbara Kollmeyer
Investors will be looking for interest-rate clues from the Fed minutes of the May 3-4 meeting due at 2 p.m. Eastern. Ahead of that, data showed U.S. durable goods orders for April falling short of expectations. New Zealand’s central bank lifted its benchmark interest rate by 50 basis points a second straight time.
Wendy’s stock /zigman2/quotes/204070192/composite WEN +0.61% is surging after Nelson Peltz’s activist hedge fund Trian Partners disclosed plans for a possible sale of the burger chain .
It could be a tense annual shareholder meeting for Twitter /zigman2/quotes/203180645/composite TWTR -0.22% , as Snap’s /zigman2/quotes/205087158/composite SNAP +3.02% painful warning took another bite out of shares, costing acquirer Elon Musk more than $1 billion.
Lyft /zigman2/quotes/208999293/composite LYFT +0.26% has slowed hiring, cutting budgets and taking other actions as its stock hovers near an all-time low.
TV personality and entrepreneur Kim Kardashian will become Beyond Meat’s /zigman2/quotes/211617595/composite BYND +0.36% first chief taste consultant.
Russia is moving closer to default as a U.S. government sanctions waiver is set to expire Wednesday.
“This only happens in this country and nowhere else.” —- That was Sen. Chris Murphy, the lawmaker who representing Newton, Connecticut during the Sandy Hook school massacre nearly ten years ago, begging his colleagues to act on gun violence as the death toll from Tuesday’s Ulvade, Texas school shooting reaches 21. Golden State Warriors coach Steve Kerr lambasted “50 senators who refuse to vote” on legislation , and President Joe Biden called for more legislation.
U.S. stocks /zigman2/quotes/210598065/realtime DJIA +0.71% /zigman2/quotes/210599714/realtime SPX +0.19% /zigman2/quotes/210598365/realtime COMP -0.19% are struggling for traction , as bond yields /zigman2/quotes/211347051/realtime BX:TMUBMUSD10Y +0.71% /zigman2/quotes/211347045/realtime BX:TMUBMUSD02Y +2.11% slip. Gold /zigman2/quotes/210034565/delayed GC00 -0.02% is down as the dollar /zigman2/quotes/210598269/delayed DXY -0.03% rises, and oil /zigman2/quotes/209723049/delayed CL00 +0.08% is up. Bitcoin /zigman2/quotes/31322028/realtime BTCUSD -0.09% is just under $30,000.
These were the top-traded tickers on MarketWatch as of 6 a.m. Eastern TIme.:
|/zigman2/quotes/200235402/composite AMC||AMC Entertainment|
In Davos, Ukraine commandeers Russia’s former party hub
Also at Davos, the cryptocurrency party is full on
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