Morning Briefing: McDonald's plans to make happy meal toys more sustainable
By Danilo
Hey, moomooers! Here are things you need to know before the opening bell:
-U.S. stocks on Tuesday fought to rebound from Monday’s rout, but failed as the Dow Jones Industrial average trended lower for most of the session and closed in the red.
-Fed Chairman Jerome Powell has tried to decouple a coming reduction in asset purchases from signaling its rate plans, but new projections this week could pose a hurdle.
Market Snapshot
U.S. stocks on Tuesday fought to rebound from Monday's rout, but failed as the $Dow Jones Industrial Average (.DJI.US)$ trended lower for most of the session and closed in the red.
The $Dow Jones Industrial Average (.DJI.US)$ gained 201 points. The $S&P 500 Index (.SPX.US)$ and the $NASDAQ 100 Index (.NDX.US)$ were little changed.
U.S. stocks on Tuesday fought to rebound from Monday's rout, but failed as the $Dow Jones Industrial Average (.DJI.US)$ trended lower for most of the session and closed in the red.
The $Dow Jones Industrial Average (.DJI.US)$ gained 201 points. The $S&P 500 Index (.SPX.US)$ and the $NASDAQ 100 Index (.NDX.US)$ were little changed.
Top News
U.S. stocks open higher after global market selloff
Stock indexes rose at the opening, suggesting American markets could regain some ground.
Stock indexes rose at the opening, suggesting American markets could regain some ground.
Disney+ subscriber growth slows down
Shares in $Disney (DIS.US)$ fell 4.2% after CEO Bob Chapek said the company's streaming service faced headwinds in the current quarter.
Shares in $Disney (DIS.US)$ fell 4.2% after CEO Bob Chapek said the company's streaming service faced headwinds in the current quarter.
Global trade flows fell in July, according to WSJ indicator
EXCLUSIVE: Global trade flows fell in July, in what may be a sign that the pandemic is taking a toll on the movement of goods across borders.
EXCLUSIVE: Global trade flows fell in July, in what may be a sign that the pandemic is taking a toll on the movement of goods across borders.
Fedex lowers outlook, citing labor costs
$FedEx (FDX.US)$ The delivery giant spent an additional $450 million tied to problems attracting workers in its latest quarter, contributing to an 11% drop in profit.
$FedEx (FDX.US)$ The delivery giant spent an additional $450 million tied to problems attracting workers in its latest quarter, contributing to an 11% drop in profit.
U.S. housing starts rebounded in August, outpacing expectations
Construction of new homes in the U.S. rose 3.9% in August compared with July, to a seasonally adjusted annual rate of 1.615 million, which topped economists' forecast of a 1% increase to an annual pace of 1.55 million.
Construction of new homes in the U.S. rose 3.9% in August compared with July, to a seasonally adjusted annual rate of 1.615 million, which topped economists' forecast of a 1% increase to an annual pace of 1.55 million.
McDonald's plans to make happy meal toys more sustainable
$McDonald's (MCD.US)$ The fast-food chain is shifting some of its toys to plant-based materials, and the new toys will begin appearing in the U.S. in January
$McDonald's (MCD.US)$ The fast-food chain is shifting some of its toys to plant-based materials, and the new toys will begin appearing in the U.S. in January
Powell's taper tightrope could be complicated by Fed 'Dots'
Fed Chairman Jerome Powell has tried to decouple a coming reduction in asset purchases from signaling its rate plans, but new projections this week could pose a hurdle.
Read More:
What is PLAYBOY's new venture after its relisting?
Rebound ahead? The S&P 500 approached oversold territory
AMC CEO: Do you think AMC should explore accepting Dogecoin?
Why Marin Software stock is trading higher after-hours Tuesday？
Key Events This Week
Fed Chairman Jerome Powell has tried to decouple a coming reduction in asset purchases from signaling its rate plans, but new projections this week could pose a hurdle.
Read More:
What is PLAYBOY's new venture after its relisting?
Rebound ahead? The S&P 500 approached oversold territory
AMC CEO: Do you think AMC should explore accepting Dogecoin?
Why Marin Software stock is trading higher after-hours Tuesday？
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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GratefulPanda : Nice move by McDonalds![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")