Alibaba's IPO in New York increased $ 25 billion and was the largest on record. The source said that follow-up in Hong Kong would make sense since investors are familiar with the company.
The French machine said on Monday that it would "study with interest" a proposal from Fiat Chrysler that would give its shareholders 50% ownership of a combined business with annual vehicle sales of 8.7 million.
The companies had discussed ways to collaborate on new products and technologies, but Fiat Chrysler argued Monday that a merger would be best.
Renault's shares jumped about 1[ads1]2% on news Monday before returning slightly in early trading on Tuesday. Fiat Chrysler shares in Milan rallied 8% Monday, but also dipped a little Tuesday.
Dow is set to open about 17 points lower, or about 0.1%. Nasdaq is also down 0.1% and the S & P 500 is ready to drop 0.2%.
Tuesday – S & P / Case-Shiller home price index; US and German consumer confidence; ] ] and Dicks Sports Articles (] ) earnings; ExxonMobil ( shareholder meeting )
Thursday – Other estimates of US 1st quarter GDP; Dollar General ( DSW Parent Designer Brands, Gap and Costco Earnings )
Friday – UK Consumer Confidence; US Personal Expenses