Here are the most important news items that investors need to start their trading day.
Thursday, Yeezy told Gap that the retailer failed to meet its contract obligations, including the opening of dedicated Yeezy Gap stores.
Gap CEO Mark Breitbard confirmed the break in a memo to employees later in the day, saying that the two parties shared a vision for Yeezy Gap, but that how they work to deliver the vision"is not aligned." In an interview on CNBC's"-- CNBC's Sarah Min, Jack Stebbins, MacKenzie Sigalos, Melissa Repko and Gabriel Cortes contributed to this report.
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