Disney's 'Avengers: Endgame' makes box office history: Morning Brief

Updated Mon, Apr 29, 2019, 4:21 AM

Monday, April 29, 2019

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe

WHAT TO WATCH

Earnings season will rage on this week.

Notable earnings reports scheduled today include Restaurant Brands (QSR), Spotify (SPOT) before market open, and AK Steel (AKS), Alphabet (GOOGL), MGM Resorts (MGM), NXP Semiconductors (NXPI), Tenet Healthcare (THC), Western Digital (WDC), Yum China (YUMC) after market close.

Read more

TOP NEWS

LAS VEGAS, NEVADA - APRIL 03: Walt Disney Studios Motion Pictures President of Walt Disney Distribution Franchise Management, Business & Audience Insights Cathleen Taff talks about the upcoming movie "Avengers: Endgame" during Walt Disney Studios Motion Pictures special presentation during CinemaCon at The Colosseum at Caesars Palace on April 03, 2019 in Las Vegas, Nevada. CinemaCon is the official convention of the National Association of Theatre Owners. (Photo by Gabe Ginsberg/WireImage) — Walt Disney Studios Motion Pictures President of Walt Disney Distribution Franchise Management, Business & Audience Insights Cathleen Taff talks about the upcoming movie "Avengers: Endgame" during Walt Disney Studios Motion Pictures special presentation during CinemaCon at The Colosseum at Caesars Palace on April 03, 2019 in Las Vegas, Nevada. CinemaCon is the official convention of the National Association of Theatre Owners. (Photo by Gabe Ginsberg/WireImage)

Disney's 'Avengers: Endgame' makes box office history: “Avengers: Endgame” made box office history by reeling in a record-breaking $1.2 billion in global ticket sales in its opening weekend. The Disney (DIS) blockbuster, which is the 22nd offering from its Marvel Studios superhero franchise, broke the $1 billion barrier in just five days. [Yahoo Finance UK]

Major issues unresolved in U.S.-China talks: The next round of China-U.S. trade talks will get under way in Beijing this week with significant issues still unresolved, according to a senior Trump administration official. While both sides are eager to reach an agreement, the possibility remains that President Donald Trump would walk away from the negotiating table with China if he isn’t satisfied with how talks are progressing, the person said. [Bloomberg]

Musk, SEC settle legal fight over his tweets: Tesla Inc.’s (TSLA) chief executive officer and the U.S. Securities and Exchange Commission said in a court filing Friday that they are settling a legal dispute over how Musk posts news about his electric-car company, avoiding a decision by a federal judge in New York on whether the billionaire should be held in contempt of court. [Bloomberg]

FOMC Preview: Inflation in view as Fed expected to hold on rates: On Wednesday the Federal Reserve will make its third monetary policy decision of 2019. With a new GDP print showing another low reading on inflation, the Fed is expected to keep the benchmark interest rate steady at the current target range of 2.25% to 2.50%. All eyes will quickly shift to Fed Chair Jerome Powell's press conference after the monetary body announces its decision on rates. [Yahoo Finance]

Also: What does the Federal Reserve do? [Yahoo Finance]