Dunkin' Brands, Estee Lauder, Dish Network: What to Watch When the Stock Market Opens Today

 Dunkin' Brands, Estee Lauder, Dish Network: What to Watch When the Stock Market Opens Today

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Here’s what we are watching as markets kick into gear Monday.

Stock futures jumped ahead of an election that will shape the government’s response to the coronavirus pandemic and economic downturn. Investors are seeing a buying opportunity after the benchmark posted its worst week since March. Read our full market wrap here.

What’s coming up. The Institute for Supply Management’s survey of purchasing managers at factories, due out at 10 a.m. ET, is expected to show another month of expanding activity in October.

Dunkin' Brands Group climbed in premarket trading after Inspire Brands struck a deal to buy the company for $8.8 billion.

Dunkin’ Brands Group climbed in premarket trading after Inspire Brands struck a deal to buy the company for $8.8 billion.

Photo: Luke Sharrett/Bloomberg News

Market Movers to Watch

Dunkin’ Brands
climbed more than 6% ahead of the New York market open.
Inspire Brands
struck a deal to buy
Dunkin’ Brands
for $8.8 billion at the end of last week in one of the largest restaurant deals in years.

Estee Lauder
advanced over 5% in premarket trading. The cosmetics company’s fiscal first-quarter sales and profit beat Wall Street’s expectations.

American depositary receipts in
Li Auto,
a Chinese maker of electric vehicles, jumped over 7% in early trading. The company’s vehicle orders jumped to a monthly record for October.

Dish Network
edged up 3% in premarket trading. The satellite-TV company last week offered its services to the Department of Defense, which is exploring 5G technology for its own operations. The rest of the telecom industry is largely in opposition to the Pentagon’s proposal to build a shared 5G network.

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