5 Things You Must Know Before Wednesday's Opening Bell
Here's what you need to know before Wednesday's Opening Bell:
-U.S. stock futures pointed to a lower Wall Street open on Wednesday, April 11, a day after stocks rallied following comments by Chinese President Xi Jinping that eased trade tensions.
-Facebook (FB) - Get Report shares rose 4.5% on Tuesday after CEO Mark Zuckerberg testified before Congress for the first time answering questions about Cambridge Analytica, antitrust regulation and the company's transparency with its users.
Investors clearly were pleased by Zuckerberg's appearance as the stock price jumped during the hearing, though some experts found that the CEO's answers -- and senators' questions -- left a lot to be desired.
-European Commission Raids Twenty-First Century Fox (FOXA) - Get Report London offices over potential abuse in broadcasting of major sporting events.
-Sprint (S) - Get Report and T-Mobile (TMUS) - Get Report restart merger Talks and their shares surge.
Activist hedge fund Starboard Value said that it plans to seek four board seats at Newell Brands
Starboard Value LP said Tuesday in a filing that it plans to seek four board seats at Newell Brands (NWL) - Get Report , arguing more work is needed to repair the consumer products company even after rival activist Carl Icahn was handed board seats, Reuters reported.
