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| The Dow was within 37 points of a new record ahead of today's opening bell. U.S. stock futures were pointing higher this morning, after the S&P 500 closed Thursday at an all-time high. (CNBC) |
| Dealmaking in the U.S. in 2015 has climbed 48 percent year-on-year to $565.6 billion, the highest level since 2007, following a string of multi-billion dollar acquisitions this week. (Reuters) |
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| Google (GOOG) today said its first autonomous vehicle-a squat two-seater, unveiled a year ago, with no steering wheel or brakes-will begin rolling out on public roads in northern California this summer. (Re/code) |
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| In a burst of bipartisanship, the GOP-controlled Senate has put President Barack Obama's trade agenda back on track-clearing the way for likely approval within days of so-called "fast-track" authority. (AP) |
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| Nepalese rescuers today found three bodies near the wreckage of a U.S. Marine helicopter that disappeared earlier this week while on a relief mission in the earthquake-hit Himalayan nation. (AP) |
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| Federal investigators are trying to figure out why an Amtrak that crashed in Philadelphia sped up in the last minute before it derailed. The NTSB plans to meet with the train's engineer in coming days. (AP) |
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| Honda (HMC) is recalling close to 5 million vehicles fitted with potentially faulty Takata air bags-bringing the worldwide recall count from the problem inflators to around 36 million since 2008. (Reuters) |
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| The Justice Department has voided a 2012 settlement with UBS related to interest-rate rigging. Talks were expected to result in penalties including a $200 million fine. (WSJ) |
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| The appeal against Patriots quarterback Tom Brady's four-game suspension for his role in deflategate will be decided by NFL commissioner Roger Goodell. The union for the players had requested a neutral arbitrator. (USA Today) |
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| Derby winner American Pharoah is pushing many horseracing experts to believe that he can win the Preakness Stakes tomorrow-setting up a Triple Crown attempt in three weeks at Belmont. (AP) |
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Blues legend B.B. King died in his sleep at his home in Las Vegas last night. He was 89. The one-time farmhand brought new fans to the blues and influenced a generation of musicians. (AP)
 | BY THE NUMBERS |
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| There are three economic reports on today's docket: The Empire State survey for May at 8:30 a.m. ET, industrial production and capacity utilization for April at 9:15 a.m. ET, and the University of Michigan'spreliminary May consumer sentiment survey at 10 a.m. ET. |
| Macy's (M) shareholders are gathering in Cincinnati today for the retailer's annual meeting. On Wednesday, the company reported earnings and revenue that missed expectations. |
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| Oilfield services giant Baker Hughes (BHI) issues at 1 p.m. ET its weekly census of the number of drilling rigs actively exploring for or developing oil or natural gas in the United States and Canada. |
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| STOCKS TO WATCH |
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| El Pollo Loco (LOCO) beat expectations on earnings and revenue. But the stock tumbled in premarket trading, after the restaurant chain issueddisappointing full-year earnings guidance. |
| Keurig Green Mountain (GMCR) told investors the company would price the forthcoming Keurig Kold machines at between $299 and $369, which was said to be too high. |
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| Nordstrom (JWN) reported earnings that missed estimates, while quarterly revenue beat forecasts. Sales at comparable store locations rose a better-than-expected 4.4 percent. |
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King Digital (KING), the Candy Crush Saga company, beat expectations on the top and bottom lines, but expects "seasonally softer" growth in the mid-year period.
Seeking Alpha
Today's Markets:
In Asia, Japan +0.8% to 19733. Hong Kong +2% to 27822. China -1.6% to 4309, India +0.4% to 27324.
In Europe, at midday, London +0.5%. Paris +0.6%. Frankfurt +0.4%.
Futures at 6:20: Dow +0.2%. S&P +0.2%. Nasdaq +0.3%. Crude -0.5% to $59.59. Gold -1% to $1212.70.
Ten-year Treasury Yield -4 bps to 2.2%.
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