1. Stock market overview:U.S. stock futures were a bit sluggish Monday after major indexes hit fresh record highs last week.
2. Watching Wynn:Investors are closely monitoring shares in casino firms Wynn Macau( and )Wynn Resorts(. )
Shares in Wynn Resorts plunged more than 10% Friday after a Wall Street Journal story detailed numerous allegations of sexual misconduct against founder and CEO Steve Wynn.
Wynn denied the charges in the Journal story.
“The idea that I ever assaulted any woman is preposterous,” he said in a statement that the company sent to CNN.
On Monday, Wynn Macau stock fell 6.5% in Hong Kong.
The board of directors of Wynn Resorts has formed a special committee to investigate the allegations. Wynn resigned his position as finance chairman for the Republican National Committee on Saturday.
3. NAFTA talks: American, Mexican and Canadian officials are meeting Monday in a bid to move ahead on renegotiating NAFTA, a free trade deal between the three countries.
Round six of the talks is scheduled to conclude today. Little progress has been made through the first five rounds.
President Trump has threatened to withdraw from NAFTA if negotiations do not yield a good deal for the U.S.
4. Coming this week:
Monday — Lockheed Martin( earnings )
Tuesday — State of the Union; Harley-Davidson(, )McDonald’s(, )Aetna(, )Pfizer( and )Electronic Arts( earnings )
Wednesday — Anthem(, )AT&T(, )Microsoft(, )eBay(, )PayPal(, )Mondelez( and )Facebook( earnings )
Thursday — Apple(, )Alphabet(, )Amazon(, )Time Warner(, )Hershey(, )UPS(, )MasterCard(, )Visa(, )Mattel(, )DowDuPont( and )ConocoPhillips (earnings )
Friday — U.S. monthly jobs report