This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Nov. 25 Premarket Briefing: 10 Things You Should Know

Here are 10 things you should know for Monday, Nov. 25:

1.-- U.S. stock futures on Monday were pointing to further gains on Wall Street, which last week rose for a seventh-straight week.

Also lifting sentiment was a weekend deal struck on nuclear enrichment struck between Iran and world powers.

European stocks were advancing in early trading. Asian shares finished the session mostly higher. Japan's Nikkei 225 index rose 1.5%.

2.-- The economic calendar in the U.S. Monday includes pending-home sales for October at 10 a.m. EST.

3.-- U.S. stocks on Friday closed higher as the Dow Jones Industrial Average closed above 16,000 for a second day.

The Dow Rose 0.34% to close at 16,064.77 while the S&P 500 added 0.5% to finish the week at 1,804.76. The Nasdaq gained 0.6% to 3,991.65. For the week, the S&P and Dow gained 0.37% and 0.65%, respectively, while the Nasdaq tacked on 0.14%.

4.-- A nuclear agreement between Iran and the U.S., Britain, France, Russia, China and Germany was reached on Sunday.

Under the agreement, Iran will limit enrichment of uranium to 5%, far below the level needed for nuclear weapons. Iran received limited relief from sanctions that have hurt its economy, but an embargo on its oil exports remains in place while negotiations continue for an enduring deal, The Associated Press reported.

5.-- Apple (AAPL - Get Report) completed the acquisition of PrimeSense, the Israel-based company 3D technology company.

Sources told AllThingsD that Apple purchased PrimeSense for around $360 million.

Apple spokeswoman Kristin Huguet confirmed the deal with this generic statement: "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans."

Must Read: Nov. 22 Premarket Briefing: 10 Things You Should Know

6.-- Chrysler is working to get an IPO done by mid-December, ratcheting up pressure on the carmaker's two owners to strike a deal that would allow majority owner, Fiat, to buy full control before Chrysler lists, The Wall Street Journal reported.

Chrysler expects to set a price range for its initial public offering as early as this week and complete it in the first half of December, people familiar with the matter told the Journal. Chrysler initially had targeted the IPO for the first quarter of 2014.

The IPO could raise $1.5 billion to $2 billion, according to the Journal.

7.-- J.C. Penney (JCP - Get Report) is being dropped from the S&P 500 index after losing more than half of its market value this year.

J.C. Penney is being replaced by Allegion, a provider of security for homes and businesses, according to S&P Dow Jones Indices, which runs the S&P 500 index.

The retailer will join the S&P MidCap 400. The change will become effective upon the close of trading on Nov. 29.

8.-- Boeing (BA) is alerting airlines about possible engine icing problems on some of its new planes. Boeing is recommending that planes with a specific General Electric (GE) engine -- the GEnx -- avoid flying near thunderstorms that might contain ice crystals.

Models affected are the 747-8 and the 787 Dreamliner.

9.-- Microsoft (MSFT) said it sold more than 1 million Xbox One gaming consoles on Friday, the first day the new model went on sale.

Sales of the XBox One surpassed first-day sales of the Xbox 360, the previous-generation model that went on sale eight years ago, Microsoft said.

10.-- The Hunger Games: Catching Fire opened with $161.1 million at the domestic weekend box office, according to studio estimates Sunday. 

The movie is the biggest November debut ever, as well as Lionsgate's (LGF) most lucrative opening. The film took in $307.7 million worldwide.

-- Written by Joseph Woelfel

To contact the writer of this article, click here:Joseph Woelfel

To submit a news tip, send an email

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $109.81 0.21%
JCP $9.92 0.00%
FB $92.78 2.00%
GOOG $626.91 0.00%
TSLA $247.93 3.40%


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs