Stocks set to open higher; Software, retail earnings eyed

End of an era as DJIA rebalances | U.S.-China polite after rescheduled trade talks | Stocks set to open higher; Software, retail earnings eyed | Tell Laura I fear her

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📚 Daily Digest | Tuesday, Aug 25, 2020

Top 5 Things to Know in the Market on Tuesday

The U.S. and China held trade talks by phone and were unusually polite about it afterwards. Exxon Mobil (NYSE:XOM) got ejected from the Dow Jones Industrial Average along with Pfizer (NYSE:PFE) and Raytheon (NYSE:RTN) as the index publisher adjusted to give tech a higher weighting. Stocks are set to open higher ahead of house price and consumer confidence data. Germany's economic recovery continues, and the Gulf of Mexico braces for Hurricane Laura. Here's what you need to know in financial markets on Tuesday, August 25th.

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