Morning Briefing: Apple filing notice of appeal in Epic antitrust case
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures were slightly lower on Monday to start the week as traders eyed surging energy prices and the start of earnings season around the corner.
- Friday's disruption for some users of the social-media giant's products came in the wake of a global outage earlier in the week.
Market Snapshot
Stock futures were slightly lower on Monday to start the week as traders eyed surging energy prices and the start of earnings season around the corner.
$Dow Jones Industrial Average (.DJI.US)$ futures fell 52 points, 0.2%. $S&P 500 Index (.SPX.US)$ futures lost 0.3% and $NASDAQ 100 Index (.NDX.US)$ futures shed 0.4%. The Dow is coming off its best week since June.
Top News
Soaring energy prices raise concerns about U.S. inflation, economy
Factories and service providers require energy to boost production, but oil and natural-gas supplies are tight.
Factories and service providers require energy to boost production, but oil and natural-gas supplies are tight.
Stocks cling to weekly gains despite weak jobs report
U.S. share benchmarks were little changed after a disappointing monthly employment report showed the economic recovery remains uneven, boosting expectations that Federal Reserve monetary policy may remain supportive for longer.
U.S. share benchmarks were little changed after a disappointing monthly employment report showed the economic recovery remains uneven, boosting expectations that Federal Reserve monetary policy may remain supportive for longer.
Tense debt-ceiling vote sets stage for tougher fight
The suspense over Senate Republicans' ability to muster the votes needed to end debate on a short-term debt-limit extension Thursday provides a preview of an even tougher fight later this year.
The suspense over Senate Republicans' ability to muster the votes needed to end debate on a short-term debt-limit extension Thursday provides a preview of an even tougher fight later this year.
Global supply-chain woes escalate, threatening economic recovery
Shortages of components, surging prices of raw materials, transportation backups and pandemic lockdowns are squeezing manufacturers around the world-and the bottlenecks keep compounding.
Shortages of components, surging prices of raw materials, transportation backups and pandemic lockdowns are squeezing manufacturers around the world-and the bottlenecks keep compounding.
Disney meets roadblocks
Three films designed for box-office appeal including "Shang-Chi" and "Mulan" have been embroiled in political controversy. Marvel's "Eternals" is the latest. $Disney (DIS.US)$
Three films designed for box-office appeal including "Shang-Chi" and "Mulan" have been embroiled in political controversy. Marvel's "Eternals" is the latest. $Disney (DIS.US)$
Apple filing notice of appeal in Epic antitrust case
$Apple (AAPL.US)$ also wants a stay on a judge's order to open in-app communications that could allow cheaper payment options.
$Apple (AAPL.US)$ also wants a stay on a judge's order to open in-app communications that could allow cheaper payment options.
Facebook says access is fixed after latest outage
Friday's disruption for some users of the social-media giant's products came in the wake of a global outage earlier in the week. $Meta Platforms (FB.US)$
Read More
Friday's disruption for some users of the social-media giant's products came in the wake of a global outage earlier in the week. $Meta Platforms (FB.US)$
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Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Manny Fresh : nice article
BigBucks101 : Thanks!
Residue 1 : The Shortages in Energy Supplies is the One of the Main Global Concern.
Watch out for crude oil price
Will inflation be next
High production cost
Lower employment
THEWIZARD : Open low, close higher.
THEWIZARD :
makankaki : Very good insight
moneyworkhard : We will be paying more for most of our stuff