Today's top business headlines: - Markets could face another 'bearish black hole' - Equinox owner's planned Trump fundraiser causes outrage - FedEx will no longer offer ground delivery to Amazon - Walgreens to close 200 locations in the US
"We have a welcome respite this morning, but the August mood is fearful," said Societe Generale strategist Kit Juckes."The sky could fall in at any moment!"US stock futures point slightly higher after the S&P 500 and Nasdaq finished a volatile trading session Wednesday in positive territory. The Dow gave up some last-minute gains and finished with a loss.Promising trade data from China and a stable yuan sent Asian markets higher Thursday. The Shanghai Composite rose 0.
Gains were pared after the company said in a regulatory filing that insiders will be able to sell off more than 250 million shares of the company's stock sooner than expected.Next up is Uber . The company will report earnings after US markets close.3. Oil boost: Oil prices are attempting to push out of a bear market.Futures of Brent crude, the global benchmark, rose 2.3% Thursday to $57.52 a barrel, recovering some of the week's losses.
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