WEATHER AUTHORITY : Flood Advisory View Alerts

Trade tensions ease; UBS dips; Google earnings

1. Trade war fears ease: China said Sunday it would "welcome" direct trade talks with the United Sta...

Posted: Apr 23, 2018 1:06 PM
Updated: Apr 23, 2018 1:06 PM

1. Trade war fears ease: China said Sunday it would "welcome" direct trade talks with the United States, a day after US Treasury Secretary Steven Mnuchin said he would consider a trip to China.

Mnuchin said he was "cautiously optimistic" the United States could broker a trade deal with Beijing.

The world's two biggest economies have threatened each other with tariffs, rattling financial markets.

Meanwhile, Mexico and the European Union agreed a new trade deal over the weekend. The deal removes virtually all tariffs on goods, and marks a move by Mexico to reduce its reliance on trade with the United States.

It also opens the door for companies in the European Union or Mexico to bid for government contracts in the other.

2. UBS dips: Shares in UBS dropped as much as 4.4% in early trade in Zurich on Monday.

The bank posted earnings for the first quarter that beat forecasts, but investors focused on a weaker than expected performance by its global private wealth management division.

3. Global market overview: US stock futures were dipping lower early on Monday.

European markets opened mostly down, following a negative session in Asia.

The Dow Jones industrial average shed 0.8% on Friday, while the S&P 500 lost 0.9%. The Nasdaq was 1.3% lower.

US crude oil futures dipped 0.8% early on Monday, trading at $68 per barrel.

Before the Bell newsletter: Key market news. In your inbox. Subscribe now!

4. Earnings and economics: Alaska Air, Halliburton, Hasbro, Kimberly-Clark, and Philips are set to release earnings before the open Monday. Alphabet, the owner of Google, Sallie Mae, TD Ameritrade, and Whirlpool will follow after the close.

The Existing Home Sales report for March is set to be released at 10 a.m. ET.

Surveys of business confidence in manufacturing and services came in slightly above expectations in Germany and France.

Markets Now newsletter: Get a global markets snapshot in your inbox every afternoon. Sign up now!

5. Coming this week:
Monday - Alphabet, Hasbro, Kimberly-Clark and Whirlpool earnings
Tuesday - Caterpillar, Coca-Cola, Jetblue, Lockheed Martin, Restaurant Brands, Southwest, Verizon and Wynn Resorts earnings; Conference Board's consumer confidence index
Wednesday - AT&T, Boeing, Chipotle, Comcast, Dr Pepper Snapple, Facebook and Twitter earnings
Thursday - Time Warner, American Airlines, Dunkin' Brands, General Motors, PepsiCo, Starbucks and Southwest earnings
Friday - Exxon earnings; Q1 GDP

Mississippi Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 113876

Reported Deaths: 3238
CountyConfirmedDeaths
Hinds7850176
DeSoto685779
Harrison505083
Jackson445084
Rankin388186
Madison377993
Lee350779
Forrest299578
Jones287784
Washington255199
Lafayette245943
Lauderdale2418134
Lamar221238
Bolivar200177
Oktibbeha199354
Neshoba1831111
Lowndes176362
Panola169038
Leflore165187
Sunflower159749
Warren153655
Monroe147372
Pontotoc145819
Marshall139227
Lincoln138557
Pike137756
Copiah136236
Coahoma124736
Scott124729
Grenada121138
Yazoo120733
Simpson120449
Union116525
Tate114939
Leake114340
Holmes114160
Pearl River112259
Itawamba112125
Adams106743
Prentiss103719
Wayne99821
Alcorn98112
George97718
Covington95326
Marion93542
Tippah88121
Newton85227
Chickasaw83626
Tallahatchie83025
Winston82821
Tishomingo80041
Hancock79827
Attala78926
Clarke73450
Clay68321
Jasper67717
Walthall63627
Calhoun61912
Noxubee59617
Smith58916
Montgomery53523
Claiborne53316
Tunica52817
Yalobusha51914
Lawrence50714
Perry48623
Carroll47612
Greene46918
Stone46214
Humphreys42616
Amite42113
Quitman4196
Jefferson Davis40011
Webster37013
Wilkinson33520
Benton3255
Kemper32015
Sharkey28014
Jefferson27410
Franklin2373
Choctaw2046
Issaquena1074
Unassigned00

Alabama Coronavirus Cases

Confirmed Cases: 155915

Reported Deaths: 2674
CountyConfirmedDeaths
Jefferson22861374
Mobile14468314
Tuscaloosa10148139
Montgomery9875196
Madison915094
Shelby720462
Lee649665
Baldwin647569
Marshall433049
Calhoun418960
Etowah418749
Morgan403635
Houston369232
DeKalb330229
Elmore314852
St. Clair287142
Limestone276530
Walker272293
Talladega261035
Cullman235724
Lauderdale214841
Jackson210015
Autauga202330
Franklin202131
Colbert196731
Russell19233
Blount189325
Dallas186227
Chilton184132
Escambia171929
Coffee171710
Covington169929
Dale165451
Chambers133643
Pike132313
Tallapoosa130587
Clarke130017
Marion106229
Butler100140
Barbour9979
Marengo99222
Winston91313
Geneva8527
Pickens82417
Lawrence82131
Randolph81216
Bibb81114
Hale74930
Clay72912
Cherokee72614
Lowndes70328
Monroe64010
Henry6396
Bullock63717
Washington63412
Crenshaw60230
Perry5836
Wilcox56212
Fayette56113
Conecuh55713
Cleburne5438
Macon52920
Sumter47021
Lamar4665
Choctaw38812
Greene34216
Coosa2023
Out of AL00
Unassigned00
Tupelo
Overcast
70° wxIcon
Hi: 83° Lo: 55°
Feels Like: 70°
Columbus
Overcast
70° wxIcon
Hi: 85° Lo: 62°
Feels Like: 70°
Oxford
Overcast
57° wxIcon
Hi: 81° Lo: 49°
Feels Like: 57°
Starkville
Overcast
68° wxIcon
Hi: 85° Lo: 57°
Feels Like: 68°
WTVA Radar
WTVA Temperatures
WTVA Severe Weather