10 things you need to know today (SPY, SPX, QQQ, DIA, MDB)
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MongoDB soars in its trading debut. The database provider priced its initial public offering at $24 a share, above the expected range of $20 to $22, and finished its first day of trading up 33% at $32.07.
Stitch Fix files to go public. The personal styling company plans to raise $100 million through an initial public offering and will trade under the ticker SFIX, according to its S-1 filing with the US Securities and Exchange Commission.
Stock markets around the world are higher. Hong Kong's Hang Seng (+1.17%) led the gains in Asia, and Britain's FTSE (+0.24%) paces the advance in Europe. The S&P 500 is set to open higher by 0.23% near 2,568.
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US economic data is light. Existing-home sales will be released at 10 a.m. ET. The US 10-year yield is up 5 basis points at 2.37%, and near levels last seen in July.
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