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The Street
The Street
Business
Martin Baccardax

Stocks Higher, Week Ahead, Tesla slides, US Steel soars, Nikola tumbles

Five things you need to know before the market opens on Monday August 14:

1. -- Stocks higher, Treasury yields jump as markets shrug-off China Concerns

Wall street looks set for a higher open Monday as markets look past economic woes in China and focus on a key week of consumer-focused data and earnings.

  1. https://www.thestreet.com/investing/stocks/stocks-higher-treasury-yields-jump-as-markets-shrug-off-china-concerns

2. -- Week Ahead: Wall Street to focus on retail sales, Walmart, Target earnings

The strength of the U.S. consumer will be in focus this week as Wall Street tests the resilience of the S&P 500's fading summer rally.

  1. https://www.thestreet.com/investing/stocks/week-ahead-wall-street-to-focus-on-retail-sales-walmart-target-earnings

3. --  Tesla shares slide after latest Model Y price cut in China

Tesla, which is locked in an escalating price war in its biggest and most important market, unveiled further reductions to its Model Y base price in China.

  1. https://www.thestreet.com/investing/stocks/tesla-shares-slide-after-latest-model-y-price-cut-in-china

4. --  U.S. Steel soars after rejecting $7.3 billion Cleveland-Cliffs offer

U.S. Steel called Cleveland-Cliffs unsolicited takeover bid, which values the group at $7.3 billion, an ""unreasonable proposal".

  1. https://www.thestreet.com/investing/stocks/u-s-steel-soars-after-rejecting-7-3-billion-cleveland-cliffs-offer

5. -- Nikola tumbles after recall, sales halt following battery fire probe

Nikola, which just inked a key truck order with JB Hunt, will recall all of its battery electric vehicles, and halt near-term sales, following a probe into recent battery fires.

  1. https://www.thestreet.com/investing/stocks/nikola-tumbles-after-recall-sales-halt-following-battery-fire-probe

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