Morning Briefing: Fed vice chair expresses doubts on establishing digital dollar
By Jimmy
Good morning moomooers! Here are things you need to know before the opening bell:
- U.S. stock index futures were little changed during early morning trading Tuesday, after the S&P 500 and Nasdaq Composite closed at record highs on Monday.
- Stocks making the biggest moves in the premarket: Marin Software, Exela Technologies, Canadian Solar, Celcuity Inc&more
Market Snapshot
U.S. stock index futures were little changed during early morning trading Tuesday, after the S&P 500 and Nasdaq Composite closed at record highs on Monday.
Futures contracts tied to the Dow Jones Industrial Average were 46 points higher. S&P 500 futures were flat and Nasdaq 100 futures traded in mildly negative territory.
Crypto
$Bitcoin (BTC.CC)$traded 2.41% higher at $35,473 over 24 hours leading up to press time, while $Dogecoin (DOGE.CC)$traded 0.74% higher at $0.2626 in the same time frame. $Ethereum (ETH.CC)$rised 1.91% to $2,162 at press time over 24 hours.
Fed Governor Randal Quarles expressed skepticism about most arguments made in favor of a central bank digital currency. In a speech Monday, he said a digital dollar "could pose significant and concrete risks."
Fed Governor Randal Quarles expressed skepticism about most arguments made in favor of a central bank digital currency. In a speech Monday, he said a digital dollar "could pose significant and concrete risks."
Premovers
Stocks making the biggest moves in the premarket: Marin Software, Exela Technologies, Canadian Solar, Celcuity Inc&more
$Marin Software (MRIN.US)$The San Francisco-based online advertising company claims to have helped advertisers manage over $40 billion in search, social and eCommerce ad spend. Last week, Marin shares shot up after it said it had added the ability to manage Instacart advertisements to its flagship MarinOne platform.
Stocks making the biggest moves in the premarket: Marin Software, Exela Technologies, Canadian Solar, Celcuity Inc&more
$Marin Software (MRIN.US)$The San Francisco-based online advertising company claims to have helped advertisers manage over $40 billion in search, social and eCommerce ad spend. Last week, Marin shares shot up after it said it had added the ability to manage Instacart advertisements to its flagship MarinOne platform.
$Exela Technologies (XELA.US)$Exela Technologies, Inc announced that U.S. District Judge Sydney A. Fitzwater has granted Exela’s motion to dismiss in its entirety the Texas federal securities class action suit filed March 2020 on last Friday.
$Canadian Solar (CSIQ.US)$Canadian Solar Inc and $JinkoSolar (JKS.US)$announced today that subsidiaries of each of them have separately applied to list on the Shanghai Stock Exchange's Sci-Tech innovation board, also known as the STAR Market.
$Celcuity (CELC.US)$Celcuity Inc, a clinical-stage biotechnology company pursuing an integrated companion diagnostic and therapeutic strategy for treating patients with cancer, today announced the pricing of its underwritten public offering of 2,250,000 shares of its common stock at a price to the public of $25.00 per share.
Top News
Entrepreneur, blamed for billions of dollars in crypto losses, says fraction is missing
Entrepreneur, blamed for billions of dollars in crypto losses, says fraction is missing
South African cryptocurrency entrepreneur Raees Cajee said less than $5 million is missing.
Biden to highlight infrastructure deal's roads and bridges, not legislative path
The president will travel to Wisconsin to argue the merits of the roughly $1 trillion bipartisan plan.
Homeowners behind on mortgages to be offered help, U.S. agency says
New rules require mortgage lenders to contact the borrowers to assess if they qualify for lower rates or new loan terms.
Accounting regulator had climate of fear and distrust, report says
The January report by former SEC Chairman Harvey Pitt lays bare deep divisions within the Public Company Accounting Oversight Board, which oversees the audits of companies valued in total at trillions of dollars.
Clean energy ETFs take a hit, but money keeps flowing in
Investor enthusiasm remains high for exchange-traded funds that track renewable-energy indexes, even though they have posted double-digit declines so far this year.
Persistent advance in stocks and commodities shows investor confidence
Broad gauges of market performance are surging together in a way few on Wall Street have ever seen, masking volatility under the surface.
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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