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Here are 10 things you should know for Friday, July 1:
1. -- U.S. stock futures were pointing to a lower open Friday following a shaky start to the week following Great Britain's vote to leave the European Union.
Most European stocks traded higher in a continued post-Brexit recovery amid high hopes across the world for support from central banks.
Asian shares closed the session with gains. Japan's Nikkei 225 rose 0.7% and China's Shanghai Composite index rose 0.1%.
2. -- The economic calendar in the U.S. Friday includes the ISM Index for June at 10 a.m. EDT and Construction Spending for May at 10 a.m.
3. -- U.S. stocks on Thursday rallied for a third day, as a post-Brexit recovery continued.
The S&P 500 gained 1.4% on Thursday, the Dow Jones Industrial Average climbed 1.3%, and the Nasdaq rose 1.3%.
For the three months from April to June, the S&P 500 posted gains of nearly 2%.
Tidal is owned by rap mogul Jay Z and has strong ties with artists such as Kayne West, Beyonce and Madonna, which could make it appealing to Apple.
People close to the matter told The Wall Street Journal that talks are ongoing but it may not result in a deal. The streaming service is also said to have been in exploratory talks with other potential partners such as Rhapsody.
No specifics for the possible Apple deal were given.
5. -- Nearly half of Williams Cos. (WMB - Get Report) board members quit Thursday after they failed to oust the company's CEO following its collapsed merger deal with rival pipeline operator Energy Transfer Equity (ETE) , the Journal reported, citing people familiar with the matter.
The resignations came during a closed-door session in which the bloc sought to replace CEO Alan Armstrong, who they felt was ill-suited to lead an independent Williams as it sets out a new course, the people told the Journal.
Chairman Frank MacInnis was among those who resigned, as were a pair of activist hedge-fund investors, Keith Meister and Eric Mandelblatt, who joined the 13-member board following a public campaign in 2014, the Journal reported. All three backed the merger with Energy Transfer, which Armstrong had opposed and continued to oppose even after an agreement was reached.
6. -- Shares of Tesla Motors (TSLA - Get Report) were falling more than 3% in premarket trading on Friday following the company confirming that regulators had opened a preliminary investigation into a fatal crash involving a Tesla Model S operating in "autopilot" mode.
Tesla, in a post on the company blog, said it learned Wednesday evening that the U.S. National Highway Traffic Safety Administration had opened what the company called "a preliminary evaluation" into how the autopilot function performed during a crash in Florida in early May. The company said the vehicle was on a divided highway with autopilot engaged when a tractor trailer heading the opposite direction made a left turn in front of it, and according to the company neither the driver nor the autopilot saw the white truck against the bright sky.
In a statement, Tesla emphasized that the crash was the first known fatality in about 130 million miles driven with autopilot activated.
7. -- Yahoo! (YHOO) CEO Marissa Mayer tried to hit all the upbeat notes during an annual shareholders meeting as the company considers selling its slumping Internet operations.
The 45-minute gathering Thursday was a routine affair that provided no insight into whether Yahoo!'s board was leaning toward a sale after four months of wrangling, or will entrust the beleaguered Mayer to engineer a long-promised turnaround.
Mayer told the small turnout of shareholders that Yahoo! "is making great progress on our process" without specifying when a decision might be made. Most analysts expect Yahoo! to make a choice this summer.
If Yahoo! sells, Mayer will probably lose her job after four years as CEO and walk away with a $55 million severance package, according to the Associated Press.
Mondelez reportedly offered $107 a share for the chocolate maker, a 10% premium to its Wednesday close.
Hershey's rebuff could mean it is trying to secure a higher bid from Mondelez. According to an afternoon note by analysts at Stifel, Mondelez could bid end up bidding $120 to $130 to seal the deal for Hershey.
Hershey shares closed Thursday at $113.49.
In addition, Apple CEO Tim Cook was appointed lead independent director of the board. Cook has been on Nike's board since 2005.
A non-GAAP loss of 8 cents a share was narrower than analysts' calls for a loss of 9 cents, but wider than a year-earlier loss of 5 cents.
Micron said it expects to save more than $300 million in fiscal 2017 with its cost-cutting initiatives.