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.
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.
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.
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".
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.
