Stocks draw breath; Oil surges; Domino's Pizza cools

1. Taking a breather?: U.S. stock futures are poi...

Posted: Jan 10, 2018 12:33 PM
Updated: Jan 10, 2018 12:33 PM

1. Taking a breather?: U.S. stock futures are pointing down Wednesday after a breathtaking run in recent days.

All three indexes -- the Dow Jones industrial average, S&P 500 and Nasdaq -- hit new all-time highs on Tuesday.

Enthusiasm on global markets has also faded, with most European indexes sinking in early trading. The majority of Asian markets ended the day with losses.

2. Oil gains: Crude oil futures are continuing to push up, reaching the highest level seen in more than three years. U.S. crude is trading around $63.50 per barrel, a far cry from the lows of early 2016 when prices were around $26.

Prices could be volatile Wednesday as the latest weekly U.S. crude inventories report comes out at 10:30 a.m. ET.

Oil dropped sharply in 2014 and only started recovering in 2016. OPEC's decision to limit production has helped, and the cartel agreed in November to extend those supply curbs to the end of 2018.

Before the Bell newsletter: Key market news. In your inbox. Subscribe now!

3. Stocks to watch -- Domino's, Kodak: Domino's Pizza stock has been piping hot lately, with shares quintupling over the past five years. But things could cool a little Wednesday after Domino's announced its CEO would leave at the end of June.

CEO J. Patrick Doyle will be succeeded by Richard Allison, currently president of Domino's international division.

Shares in Kodak could rise again after surging by 119% on Tuesday. The venerable camera brand announced it was investing in blockchain technology and plans to launch a "photo-centric cryptocurrency" called KODAKCoin.

4. Earnings: Lennar is reporting quarterly results ahead of the open. RE/MAX Holdings is expected to release earnings after the closing bell.

Download CNN MoneyStream for up-to-the-minute market data and news

5. Coming this week:

Wednesday -- Consumer Electronics Show continues in Las Vegas
Thursday -- Delta earnings
Friday --
JPMorgan, Wells Fargo, BlackRock report earnings; December retail sales

Minnesota Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 38569

Reported Deaths: 1511
CountyConfirmedDeaths
Hennepin12456787
Ramsey4911228
Dakota238291
Stearns237119
Anoka2241109
Nobles16696
Olmsted112915
Washington111440
Mower9522
Rice8447
Scott7344
Clay58738
Kandiyohi5731
Blue Earth4792
Wright4755
Todd4012
Carver3811
Sherburne3175
Lyon3162
Freeborn2920
Watonwan2340
Steele2311
Benton2173
St. Louis18015
Martin1695
Nicollet16912
Cottonwood1360
Goodhue1318
Winona12515
Crow Wing10612
Pine1050
Le Sueur1031
Chisago1001
Otter Tail951
McLeod920
Carlton870
Dodge870
Polk822
Chippewa791
Unassigned7837
Isanti730
Waseca680
Douglas650
Itasca6412
Murray640
Meeker611
Morrison591
Becker560
Faribault560
Jackson550
Sibley542
Pipestone522
Pennington510
Renville352
Mille Lacs342
Wabasha330
Brown312
Rock310
Beltrami300
Fillmore300
Yellow Medicine300
Houston260
Swift221
Wilkin213
Norman200
Redwood180
Cass162
Roseau160
Aitkin150
Big Stone150
Koochiching151
Wadena150
Kanabec141
Grant120
Marshall120
Lincoln100
Pope100
Mahnomen91
Clearwater80
Hubbard70
Lake60
Traverse60
Lac qui Parle40
Stevens40
Red Lake30
Kittson20
Cook10
Lake of the Woods00

Iowa Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 31670

Reported Deaths: 722
CountyConfirmedDeaths
Polk6638179
Woodbury325244
Black Hawk230158
Buena Vista171411
Johnson13148
Linn129482
Dallas128029
Marshall104919
Scott81510
Story7793
Pottawattamie73612
Wapello70830
Dubuque70222
Crawford6772
Muscatine64344
Sioux4770
Tama46529
Wright3861
Louisa36213
Jasper32517
Plymouth3225
Warren2901
Dickinson2663
Washington2439
Webster2292
Hamilton1891
Cerro Gordo1821
Boone1481
Clay1340
Clarke1322
Allamakee1314
Mahaska11617
Shelby1140
Clinton1121
Poweshiek1068
Carroll991
Pocahontas971
Bremer946
Des Moines922
Franklin900
Emmet880
Henry863
Cedar841
Taylor790
Hardin770
Monona770
Cherokee751
Floyd732
Marion700
Benton691
Guthrie664
Jefferson640
Sac640
Osceola620
Jones610
Butler572
Buchanan551
Humboldt551
Hancock540
Harrison540
Lee542
Calhoun532
Iowa530
Delaware511
Fayette510
Monroe516
Madison482
Clayton443
Lyon440
Davis411
Palo Alto410
Mitchell390
Winneshiek390
Grundy380
Mills370
Kossuth350
Howard340
Jackson320
Lucas314
Greene300
Chickasaw290
Union290
Winnebago290
Ida240
Cass230
Van Buren220
Appanoose213
Keokuk211
Page210
Worth200
Unassigned170
Adair160
Audubon161
Ringgold160
Decatur120
Montgomery102
Wayne100
Adams80
Fremont70
Rochester
Few Clouds
83° wxIcon
Hi: 87° Lo: 70°
Feels Like: 85°
Mason City
Clear
86° wxIcon
Hi: 88° Lo: 71°
Feels Like: 89°
Albert Lea
Scattered Clouds
82° wxIcon
Hi: 86° Lo: 72°
Feels Like: 87°
Austin
Clear
84° wxIcon
Hi: 87° Lo: 72°
Feels Like: 90°
Charles City
Clear
86° wxIcon
Hi: 88° Lo: 71°
Feels Like: 89°
Hot, sticky, and stormy
KIMT Radar
KIMT Eye in the sky

Community Events