"Key Insights Before the Stock Market Opens"

TL;DR Summary
Rising Treasury yields negatively impacted major stock indexes, with the Dow Jones falling the most. Salesforce shares dropped over 15% in premarket trading due to weaker-than-expected revenue. ConocoPhillips announced a $17 billion acquisition of Marathon Oil, expanding its shale field assets. Abercrombie & Fitch reported its strongest first quarter ever, with sales and profits significantly exceeding expectations. Nelson Peltz sold all his Disney stock, making about $1 billion after losing a proxy battle last month.
Topics:business#abercrombie-and-fitch#conocophillips#nelson-peltz#salesforce#stock-market#stock-market-update
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