10 things you need to know before the opening bell

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BUSINESS INSIDER
 
 
10 Things Before the Opening Bell
 
 

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Here is what you need to know. 

Brexit gets a short delayThe European Union has agreed to delay the UK's exit from the bloc until April 12 if British lawmakers don't agree to Prime Minister Theresa May's exit deal and until May 22 if they do.

Indonesia's flagship airline moves to cancel its Boeing 737 Max orders. Garuda has asked Boeing to cancel a $5 billion order for 49 Boeing 737 Max 8 aircraft, saying its customers have "lost trust" in the plane.

Elon Musk sent a letter to every Tesla employee saying deliveries should be their 'primary priority.' Musk wrote this was the "biggest wave in Tesla's history" and "won't be repeated in subsequent quarters."

Nike's sales fall shortThe sneaker giant reported revenue of $9.6 billion, below the $9.65 billion that Wall Street analysts surveyed by Bloomberg were expecting, as North American sales came up short.

Levi's surges in its return to the stock marketShares spiked 31% at Thursday's open and finished the day up more than 22%.

Uber picks a stock exchangeUber has chosen to list on the New York Stock Exchange just as Lyft gets ready to go public on the Nasdaq, Bloomberg reports.

Here are the Final Four picks of 17 Wall Street titansEach year Bloomberg holds a bracket challenge in which celebrities donate $10,000 to charity and play for a cause — check out which men's basketball teams 17 Wall Streeters have chosen to make it to the Final Four.

Stock markets around the world are mixed. Australia's ASX (+0.54%) led the overnight advance, and Britain's FTSE (-0.89%) trails in Europe. The S&P 500 is set to open down 0.34% near 2,845.

Tiffany reports ahead of the opening bell. The luxury retailer is expected to earn $1.60 a share on revenue of $1.33 billion, according to analysts surveyed by Bloomberg.

US economic data keeps comingMarkit US manufacturing and services PMIs will be released at 9:45 a.m. ET, and existing-home sales are due out at 10 a.m. ET. The US 1o-year yield is down 5 basis points at 2.49%, its lowest since January 2018.

 
 
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