Morning Briefing: Blue Origin is launching Jeff Bezos to space today
By Jimmy
Hey moomooers! Here are things you need to know before the opening bell:
- Stock futures jumped in early morning trading on Tuesday after concerns about the spread of delta variant sent investors dumping equities, especially those directly affected by pandemic restrictions.
- Lawmakers spar over infrastructure package as deadline nears
Market snapshot
Stock futures jumped in early morning trading on Tuesday after concerns about the spread of delta variant sent investors dumping equities, especially those directly affected by pandemic restrictions.
Futures on the Dow Jones Industrial Average were up 185 points. S&P 500 futures and Nasdaq 100 futures both traded mildly higher.
Crypto
$Bitcoin (BTC.CC)$fell below the key $30,000 mark in the early hours of Tuesday as the New Jersey-based privately held lending platform BlockFi became the latest to face regulatory pressures.
$Ethereum (ETH.CC)$was in the green 4.08% at $1,738, while $Dogecoin (DOGE.CC)$traded 6.68% lower at $0.1615.
$Ethereum (ETH.CC)$was in the green 4.08% at $1,738, while $Dogecoin (DOGE.CC)$traded 6.68% lower at $0.1615.
Top news
Lawmakers spar over infrastructure package as deadline nears
Senators are hoping to strike a deal on how to pay for the legislation, which includes $600 billion in new spending.
GHO Capital closes third healthcare fund at over $2.36 billion
The London firm collected the fund in less than four months.
Vietnam tells U.S. it won't weaken currency to boost exports
The State Bank of Vietnam has agreed to improve the flexibility of its exchange rate, part of an agreement with the U.S. Treasury to resolve tensions over Vietnam's widening trade surplus.
Canada to reopen border for vaccinated U.S. tourists in August
The Canadian government said it would allow fully vaccinated Americans to enter the country for recreational or tourist activities beginning Aug. 9, more than a year after Covid-19 restrictions first closed the 5,500-mile border to most travelers.
OPEC, allies agree to boost oil output as demand roars back
Oil producers agreed to increase production by 400,000 barrels a day, moving to restore capacity they cut at the start of the Covid-19 pandemic.
Bond yields sink to February lows as growth fears mount
Treasury yields dropped and the dollar rallied as the spread of Covid-19 variants weighed on investors.
Biden to tap former hill aide for top treasury post overseeing financial rules
Graham Steele, a former aide to Sen. Sherrod Brown, is a proponent of treating climate change as a systemic risk to the financial system.
Blue Origin is launching Jeff Bezos to space on Tuesday.
Blue Origin is launching Jeff Bezos to space on Tuesday.
After 15 successful test flights without people on board, Blue Origin is set to put its spacecraft to the ultimate test: Its first human spaceflight, including Jeff Bezos.
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Key events this week
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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