Wall Street Preview: Tech Stocks In Focus
U.S. stock futures were rising as the Dow Jones Industrial Average looks poised to open at a new record, while European stocks traded higher as Britain kicked off its formal European Union exit talks.
On Friday, U.S. stocks closed mixed following a surprising merger deal between Amazon (AMZN) - Get Report and Whole Foods Market Inc. (WFM) . The tech-heavy Nasdaq declined by 0.22%, its third consecutive day of losses. But the Dow Jones Industrial Average gained 0.11% to finish at a record high, and the S&P 500 rose 0.03%.
Stocks like Kroger Co. (KR) - Get Report and Walmart Stores Inc. (WMT) - Get Report , which were battered on Friday following news of Amazon's $13.7 billion acquisition of Whole Foods, were rising in premarket trading on Monday.
This article was written by a staff member of TheStreet.









