China stimulus, Boeing layoffs, new Nike CEO: 3 Things

In this article:

US stock futures (ES=F, NQ=F, YM=F) are paying extra close attention to China's economic stimulus plan while companies like Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), and Netflix (NFLX) are due to report earnings.

Boeing (BA) shares dip further in Monday's pre-market session after the aircraft manufacturer announced last Friday that it will cut 17,000 jobs, equal to 10% of its global workforce. The International Association of Machinists and Aerospace Workers' (IAM) ongoing strike has gone on for over a month.

Former Nike (NKE) executive Elliott Hill will assume the mantle of CEO and president for the athletic apparel brand on Monday.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.

Advertisement