US stock futures are pointing down on Tuesday after investors had a long weekend to consider their next moves. P 500 are set to start trading on the back foot following a six-day what to know before investing in a company streak.
They’ve been in recovery mode since then. European markets are mostly rising in early trading, though the gains are modest. Most Asian markets ended the day with losses. Tuesday after Albertsons agreed to buy the drug store company and its thousands of stores. 4 billion to hand over nearly 2,000 of its stores. Albertsons is now buying the rest.
The deal has been designed in such a way that, once completed, the privately held Albertsons will become a publicly traded company on the New York Stock Exchange. Before the Bell newsletter: Key market news. Walmart, the nation’s largest private-sector employer, beat Wall Street forecasts last quarter and posted impressive online growth. Since then, Walmart has announced that it is both raising pay and shutting 63 Sam’s Clubs locations, so executives will have a lot to talk about. Home Depot has also been in the headlines, announcing plans last week to add 80,000 seasonal or permanent part-time workers, the same number it hired last year. To make it easier to fill the jobs it is allowing applicants to schedule interviews online for the first time.
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