The Pre-Market Rundown 2: June 20, 2024

Wall Street is pointed towards a higher open this morning in focus today data on jobless claims, housing and manufacturing. Amazon is ditching the plastic air pillows in its packages with recycled paper. It's one of the company's biggest moves to stop shipping orders with single use plastic that often winds up in landfills. Amazon says the next step is to replace the hard to recycle white and blue plastic mailers with paper sleeves. Ferrari is launching its first electric car next year, and it won't come cheap. Reports say the price tag starts at $535,000, which doesn't include custom features and personal touches that typically add another 15 to 20%. Ferrari is expected to open a new plant tomorrow in its hometown in northern Italy that will eventually increase production to about 20,000 cars per year. For CNBC Business News, I'm Sylvana Hennel.