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-- 78.285 Morning Briefing: T-Mobile investigates data breach
By Julianna
Hey, moomooers! Here are things you need to know before the opening bell:
- Retail sales were expected to have fallen off in July, as consumers held off on online and vehicle purchases; Retail sellers Walmart and Home Depot are expected to relase Q2 enarnings today.
- T-Mobile, the U.S. wireless operator said it is determining whether customers' personal information was accessed by hackers.
Market Snapshot
U.S. stock index futures were lower during early morning trading Tuesday, after the Dow and S&P 500 closed at record highs during regular trading on Monday.
Futures contracts tied to the$Dow Jones Industrial Average(.DJI.US)$fell 198 points.$S&P 500 index(.SPX.US)$future shed 21pionts , and$NASDAQ 100 Index(.NDX.US)$futures lost 56 points.
Top News
Fed weighs ending asset purchases by middle of 2022
Reducing bond buying sooner could provide more flexibility to raise interest rates if inflation stays high and unemployment falls rapidly.
Drought forces first-ever Colorado river water cutback
U.S. officials declared an unprecedented water shortage on the river, triggering cuts including an 18% reduction in Arizona's annual water allocation as drought plagues the Southwest.
Oil prices fall as traders fear economic slowdown
U.S. crude prices fell to around their lowest levels since late May and about 11% below last month's multiyear high.
Banks weigh alternatives to libor replacement as companies seek longer-term rates
Lenders are looking beyond SOFR to meet corporate borrowers' needs.
Analysis: Supply of Eurozone government bonds set to jump in September
Eurozone sovereign bond issuance is in the midst of a summer lull but investors are starting to anticipate the usual autumn supply avalanche which will begin in September.
T-Mobile investigates data breach
$T-Mobile US (TMUS.US)$The U.S. wireless operator said it is determining whether customers' personal information was accessed by hackers.
Read More:
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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