10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, IBM, RHT, TSLA)
|10/29/2018||Posted by BusinessMediaguide.Com under General World News||
Here is what you need to know.
Chinese stocks get rocked. The Shanghai Composite (-2.18%) tumbled Monday after the government said industrial profits rose 4.1% year-over-year in September, making for the fifth straight month of slowing growth. Elsewhere, Germany’s DAX (+1.83%) leads the advance in Europe while the Nasdaq (+1.3%) is set for strong gains at the US open.
Angela Merkel is reportedly standing down as leader of her party. Merkel won’t run for the leadership of the Christian Democrat Union party after it suffered a string of losses in regional elections, according to multiple reports.