Before the Bell | Next New York City mayor says pay me in Bitcoin
By Ander
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures rose slightly in morning trading Friday ahead of the highly anticipated October jobs report.
- Next New York City mayor wants his first three paychecks in the form of the cryptocurrency.
Market Snapshot
Stock futures rose slightly in morning trading Friday ahead of the highly anticipated October jobs report.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ rose 16 points, while $S&P 500 Index (.SPX.US)$ futures and $NASDAQ 100 Index (.NDX.US)$ futures both hovered above the flatline.
Market Temperature
Top News
S&P 500, Nasdaq continue record streaks
The S&P 500 and Nasdaq Composite notched record closings for the sixth session in a row. The Dow slipped slightly lower.
Unemployment claims extend drop
Worker filings for initial unemployment benefits, a proxy for layoffs, fell to 269,000 last week and the four-week average held well below a recent peak.
U.S. trade deficit hits fresh record on goods demand, higher inflation
The U.S. trade deficit widened in September to a record $80.9 billion, driven by climbing demand for capital goods like computers and electric equipment and industrial supplies.
Eric Adams says pay me in Bitcoin
Next New York City mayor wants his first three paychecks in the form of the cryptocurrency.
Pinterest's mood swings
Between users, suitors, and investors, sentiment toward the image-sharing company right now is unsettled. $Pinterest (PINS.US)$
Boeing shareholders reach settlement in 737 MAX board oversight suit
Current and former directors' insurance companies are expected to pay $Boeing (BA.US)$ about $225 million, while the company will hire an ombudsman and appoint a director with aviation safety experience.
News Corp profit surges on gains across divisions
$News Corp-A (NWSA.US)$ quarterly profit rose nearly sixfold, driven by strong growth at its digital real-estate and book-publishing businesses as well as a Wall Street Journal parent Dow Jones.
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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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