Daily Market Preview: How Hurricane Harvey Is Hurting Refiners

The world's second-largest retailer, Carrefour, issued a surprise profit warning.
Author:
Publish date:

This is what you need to know before you start trading:

1. European stocks booked solid early gains Thursday as a stronger U.S. dollar held down regional currencies and improving sentiment in the world's two biggest economies kept global equity markets in the green.

2. Carrefour SA (CRRFY)  shares slumped to the bottom of European markets Thursday after the world's second-largest retailer issued a profit warning for the second half of the year.

3. Toshiba (TOSYY) has missed the Thursday deadline imposed by the company and Western Digital (WDC) - Get Report to secure a deal for its prized flash memory unit.

4.

Flooding from Harvey has knocked out almost a quarter of U.S. refineries

. At least 4.4 million barrels per day of refining capacity was offline, based on company reports and Reuters estimates. 

5. U.S. stock futures were rising Thursday, Aug. 31, as Wall Street awaited data on jobless claims and personal incomes and spending and looked ahead to the release on Friday, Sept. 1, of the monthly U.S. jobs report.

Watch More with TheStreet: