Stock futures up, eyes on Disney-Fox deal, bank stocks [Reuters]
Fox Corporation - Class B (FOX)
Last fox corporation - class b earnings: 5/10 04:03 pm
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Source: Reuters
Stock futures up, eyes on Disney-Fox deal, bank stocks | Reuters 3 Min Read (Reuters) - Wall Street was set for a slightly higher open on Thursday as traders focused on a $52.4 billion stock deal between Walt Disney and Twenty-First Century Fox and gains in shares of big banks. - Shares of Rupert Murdoch’s Fox ( FOXA.O ) jumped 2.9 percent in premarket trading after Walt Disney ( DIS.N ) agreed to buy the Fox’s film, television and international businesses. Disney shares rose 1 percent. - Shares of Goldman Sachs ( GS.N ), JPMorgan ( JPM.N ), Wells Fargo ( WFC.N ) and Bank of America ( BAC.N ) rose between 0.34 percent and 1 percent ahead of market open. - On Wednesday, bank stocks fell despite an interest rate hike by the Federal Reserve as it kept its rate outlook for 2018 and 2019 unchanged while raising gross domestic product growth forecasts. - Republicans in the Senate and the House reached a deal on final tax legislation on Wednesday, paving the way for final votes n
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