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Topics Trending In The Stock Market Today On June, 13

According to the Wall Street Journal’s publication, a cache of unearthed emails show that Mark Zuckerberg may have been aware of privacy issues with his site before Cambridge scandal.
Facebook, which is in the midst of Federal Trade Commission’s probe, expects to pay $3 billion to $5 billion in fines.

Chewy.com increased its IPO price range, looking to raise about $8.4 billion. A price per share now is set between $19 and $21, up from $17 to $19 range. The company is expected to begin trading on Friday under the ticker ‘CHWY’.

According to FactSet estimates, the biggest gainers in earnings for Q2 are expected to be energy (3%), utilities (2.3%) and health care (2%), while losers, in addition to tech, are materials (-7.2%), staples (-2.8%) and discretionary (-2.5%).

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