Before the Bell | Musk's Tesla share-selling spree tops $10 billion
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures nudged lower in early trading Friday ahead of the November jobs report as the market nears the end of a roller-coaster week driven by Covid omicron variant developments.
- Elon Musk has now unloaded more than $10 billion in Tesla stock as the billionaire's share-selling spree involving his holdings in the electric-vehicle maker stretched into a second month.
- Stock futures nudged lower in early trading Friday ahead of the November jobs report as the market nears the end of a roller-coaster week driven by Covid omicron variant developments.
- Elon Musk has now unloaded more than $10 billion in Tesla stock as the billionaire's share-selling spree involving his holdings in the electric-vehicle maker stretched into a second month.
Market Snapshot
Stock futures nudged lower in early trading Friday ahead of the November jobs report as the market nears the end of a roller-coaster week driven by Covid omicron variant developments.
Futures on the $Dow Jones Industrial Average(.DJI.US$ fell 105 points. $S&P 500 Index(.SPX.US$ futures dipped 0.3% and $NASDAQ 100 Index(.NDX.US$ futures edged 0.4% lower.
Market Temperature
Oil rises, stock futures waver as markets cap volatile week
U.S. stock futures wobbled, while oil prices continued to rise after OPEC and a group of Russia-led oil producers agreed to continue pumping more crude.
U.S. stock futures wobbled, while oil prices continued to rise after OPEC and a group of Russia-led oil producers agreed to continue pumping more crude.
Fed's Bostic wants to accelerate pace of bond buying taper
Federal Reserve Bank of Atlanta President Raphael Bostic said Thursday he would like to get the central bank in position to raise its short-term interest rate target next year if inflation pressures don't retreat from currently high levels.
Federal Reserve Bank of Atlanta President Raphael Bostic said Thursday he would like to get the central bank in position to raise its short-term interest rate target next year if inflation pressures don't retreat from currently high levels.
Senate approves spending bill averting government shutdown
A fight over vaccine rules threatened to slow progress on the legislation, which extends government funding through Feb. 18. The bill now goes to President Biden.
A fight over vaccine rules threatened to slow progress on the legislation, which extends government funding through Feb. 18. The bill now goes to President Biden.
U.S. to tighten rules for travelers over Omicron concerns
President Biden announced plans to tighten up Covid-19 testing timelines for travelers entering the U.S. and extend a mask mandate on airplanes and other public transportation as part of a broad administration effort to combat the Omicron variant.
President Biden announced plans to tighten up Covid-19 testing timelines for travelers entering the U.S. and extend a mask mandate on airplanes and other public transportation as part of a broad administration effort to combat the Omicron variant.
Musk's Tesla share-selling spree tops $10 billion
Elon Musk has now unloaded more than $10 billion in Tesla stock as the billionaire's share-selling spree involving his holdings in the electric-vehicle maker stretched into a second month. $Tesla(TSLA.US$
Elon Musk has now unloaded more than $10 billion in Tesla stock as the billionaire's share-selling spree involving his holdings in the electric-vehicle maker stretched into a second month. $Tesla(TSLA.US$
Didi to delist from U.S., seek shift to Hong Kong
Didi Global plans to delist its shares in the U.S. and pursue a listing in Hong Kong, a dramatic reversal just months after the Chinese ride-hailing group's ill-fated initial public offering in New York. $DiDi Global (Delisted)(DIDI.US$
Didi Global plans to delist its shares in the U.S. and pursue a listing in Hong Kong, a dramatic reversal just months after the Chinese ride-hailing group's ill-fated initial public offering in New York. $DiDi Global (Delisted)(DIDI.US$
FTC challenges Nvidia's deal for Arm Holdings
The Federal Trade Commission sues to block the U.S. chip supplier's proposed takeover of the chip-design specialist, arguing the deal is anticompetitive. $NVIDIA(NVDA.US$
The Federal Trade Commission sues to block the U.S. chip supplier's proposed takeover of the chip-design specialist, arguing the deal is anticompetitive. $NVIDIA(NVDA.US$
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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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