Morning Briefing: Short-lasting inflation depends on long-lasting goods
By Danilo
Hey, moomooers! Here are things you need to know before the opening bell:
-U.S. stock index futures were in positive territory during early morning trading on Monday as the S&P 500 comes off its longest daily losing streak since February.
- Investors have pushed the S&P 500 to 54 record closes in 2021. Some observers caution that there could be pullback or, at the least, flatter returns.
Market Snapshot
U.S. stock index futures were in positive territory during early morning trading on Monday as the S&P 500 comes off its longest daily losing streak since February.
Futures contracts tied to $Dow Jones Industrial Average (.DJI.US)$jumped 156 points. $S&P 500 Index (.SPX.US)$futures and $NASDAQ 100 Index (.NDX.US)$futures both traded in positive territory.
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Short-lasting inflation depends on long-lasting goods
Short-lasting inflation depends on long-lasting goods
The Federal Reserve blames rising inflation on an unusual jump in the price of durable products like cars and electronics, which it says won't last.
Read More:
Is it time for the U.S. market to take a breather?
NFL season is kicking off, here are the stocks may boot during the sport season
Best-performing stock markets so far this year
Which sectors are most favored behind the rapid growth in capital expenditure?
Key Events This Week
Read More:
Is it time for the U.S. market to take a breather?
NFL season is kicking off, here are the stocks may boot during the sport season
Best-performing stock markets so far this year
Which sectors are most favored behind the rapid growth in capital expenditure?
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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