Market Movers, August.21

4:50am, Dow futures are up 173 points, volume 23,345

ElectraMeccanica adds the former Senior Program Manager at Tesla to their team. Up 28% on 400 shares as of 6:52am. Read more

6:57am, LEDS is up 22% on 800 shares after an individual investor offered to purchase shares in the company. Click on the image for the full report

6:54am, Dow futures up 170, volume 30,119

7:08am, Target is up 12% on 353,365 shares after beating on estimates by 20 cents. Click the image for the full report

7:12am, Pinduoduo Inc is up 12% on 1,386,161 shares after beating analyst estimates by 10 cents.

7:15am, Lowes is up 11% on 130,990 shares after beating analyst estimates by 14 cents. Full Report

“Exclusive: Alibaba postpones up to $15 billion Hong Kong listing amid protests: sources” Reuters reports

Federal Reserve to release edited minutes of the July FOMC meeting today at 18:00 GMT, 14:00 EDT

Reuters front page archived https://web.archive.org/web/20190821112830/https://www.reuters.com

7:48am, oil up 1.5%, volume 143,498

“Shale Bleeds Cash Despite Best Quarter In Years”, Oilprice.com

“Germany for First Time Sells 30-Year Bonds Offering Negative Yields”, Wall Street Journal

10:32am, Dow up 230 points, volume 43,138,532

Apparently the reason for the WKHS’s premarket activity was due to “trader chatter” according to Seekingalpha. Link

Update on WKHS, 5:28pm, https://web.archive.org/web/20190821212708/https://thefly.com/landingPageNews.php?id=2953674&headline=WKHS;GM-Workhorse-Group-up–in-early-trading

Germany’s auction for 30 year bonds with a negative interest rate fails, Bloomberg

“Fed says July rate cut was ‘recalibration’ and not part of ‘pre-set course’ for more easing”, CNBC

3:27pm Dow up 228 points, volume 144,977,641

Stay tuned for updates!

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