Morning Briefing: Airlines join white house effort for cleaner jet fuel
By Danilo
Hey, moomooers! Here are things you need to know before the opening bell:
- U.S. stock index futures were higher in early morning trading on Friday, after stocks registered a fourth-straight day of losses on Thursday.
- The Fed should be able to start to pull back its bond purchases this year, says Fed Governor Michelle Bowman.
Market Snapshot
U.S. stock index futures were higher in early morning trading on Friday, after stocks registered a fourth-straight day of losses on Thursday.
Futures contracts tied to the $Dow Jones Industrial Average (.DJI.US)$rose 167 points. $S&P 500 Index (.SPX.US)$futures and $NASDAQ 100 Index (.NDX.US)$futures were both also in positive territory.
Futures contracts tied to the $Dow Jones Industrial Average (.DJI.US)$rose 167 points. $S&P 500 Index (.SPX.US)$futures and $NASDAQ 100 Index (.NDX.US)$futures were both also in positive territory.
Top news
Two Fed chiefs to sell stocks to avoid appearance of conflict of interest
Two Fed chiefs to sell stocks to avoid appearance of conflict of interest
The leaders of the Boston and Dallas Federal Reserve Banks said they would sell individual stocks they own, invest the proceeds in diversified indexed funds or cash savings, and cease trading in individual securities.
Wells Fargo fined $250 million for problems in Its mortgage business
Wells Fargo fined $250 million for problems in Its mortgage business
$Wells Fargo & Co (WFC.US)$The Office of the Comptroller of the Currency, one of the bank's top regulators, said the lender had failed to fix problems first identified in 2018.
Stocks turn lower after jobless claims data
Stocks turn lower after jobless claims data
The $S&P 500 Index (.SPX.US)$and $Dow Jones Industrial Average (.DJI.US)$drifted downward in choppy trading after three consecutive days of declines.
Airlines join white house effort for cleaner jet fuel
Airlines join white house effort for cleaner jet fuel
The Biden administration announced a new effort to clean up jet fuel, aiming to cut its greenhouse-gas emissions by one-fifth before the end of the decade.
Oil prices fall after China says it plans to release stockpiles
The move adds to pressures swaying the oil market, including worries that the recent rise in cases of the Delta variant of the Covid-19 virus will hurt demand and dent the 2021 rebound in prices.
BuzzFeed revenue jumps 51% ahead of public listing
BuzzFeed revenue jumps 51% ahead of public listing
The digital publisher, which plans to go public in a SPAC deal with Complex Networks slated to close later this year, said second-quarter advertising revenue rose 79% from a year ago.
Fed's Bowman expects tapering of bond purchases to begin this year
Fed's Bowman expects tapering of bond purchases to begin this year
The Fed should be able to start to pull back its bond purchases this year, says Fed Governor Michelle Bowman.
Read More:
Apple Car said to get a new chief: what you need to know
Now vs 10 years ago: Amazing growth of S&P 500 largest stocks
IPO-pedia: Sports betting and data firm Sportradar plans New York IPO
BuzzFeed revenue jumps 51% ahead of public listing via SPAC
Cathie Wood sells $138.5m Tesla shares in two straight sessions
Key Events This Week
Read More:
Apple Car said to get a new chief: what you need to know
Now vs 10 years ago: Amazing growth of S&P 500 largest stocks
IPO-pedia: Sports betting and data firm Sportradar plans New York IPO
BuzzFeed revenue jumps 51% ahead of public listing via SPAC
Cathie Wood sells $138.5m Tesla shares in two straight sessions
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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