Before the Bell | SpaceX project's FAA review delayed by two months
By Julianna
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock index futures were little changed in early morning trading on Thursday after the S&P 500 and Dow Jones Industrial Average closed at new records.
- Federal regulators pushed back the release of an environmental assessment of SpaceX's plans in Texas by two months.
Market Snapshot
U.S. stock index futures were little changed in early morning trading on Thursday after the S&P 500 and Dow Jones Industrial Average closed at new records.
Futures contracts tied to the $Dow Jones Industrial Average (.DJI.US)$ were 30 points higher, while $S&P 500 Index (.SPX.US)$ futures edged up 5 points and $Nasdaq Composite Index (.IXIC.US)$ futures rose just 26 points .
Market Temperature
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Initial public offerings in Europe made a dramatic comeback in 2021, marking the best year since before the financial crisis and the momentum is expected to continue next year, albeit with a few challenges.
New challenges hit the defense business
Traditional military stocks are doing poorly amid new competition from outside the industry and changes in spending priorities and procurement practices, according to WSJ's Heard on the Street.
U.S. pending home sales declined in November
The number of houses going under contract in the U.S. fell in November following a sharp gain the previous month, data from the National Association of Realtors showed Wednesday. Here are the report's main takeaways:
U.S. oil and fuel inventories fall across the board
U.S. crude-oil inventories declined last week by 3.6 million barrels to 420 million barrels, according to data from Energy Information Administration. Analysts expected oil supplies would fall by 3.2 million barrels from the prior week.
Turkish lira resumes slide days after government rescue plan
The lira fell more than 6% against the dollar, undoing part of the currency's significant comeback since last week.
Victoria's Secret shares rise on buyback plan, holiday sales
The lingerie chain, spun off from L Brands in August, plans to repurchase $250 million of its own shares, sending shares soaring. $Victoria's Secret (VSCO.US)$
SpaceX project's FAA review delayed by two months
Federal regulators pushed back the release of an environmental assessment of SpaceX's plans in Texas by two months.
JetBlue trims flights through mid-January as Omicron, weather challenge airlines
The airline said it would cancel about 1,280 flights through Jan. 13 to give passengers a head start on adjusting their plans, as U.S. carriers continued to struggle with weather and pandemic-driven staffing issues. $JetBlue Airways (JBLU.US)$
Biogen shares rise after report Samsung in talks to buy
$Biogen (BIIB.US)$ shares rose after The Korea Economic Daily reported the Samsung Group is in talks to buy the pharmaceuticals company.
Biggest U.S. egg producer hurt by feed, labor costs
Cal-Maine Foods posted lower-than-expected quarterly earnings as rising feed and labor costs weighed on profits.
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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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Degenerate Doc : read
Degenerate Doc : short space
102926858 : Faa are national traitors to iron-chain the progress of the nation.
Machiavellis3rdEye : Just wanna remind everyone (since it’s NOT WORLD HEADLINE EARTH SHATTERING NEWS as it should be) that Epstein never killed himself, and his psycho sidekick was just found guilty on 5-6 charges for sex trafficking. And their clients (or marks rather) liked little boys and girls. Countless powerful and well known people are involved, and even though she’s been found guilty, the rest looks like they will be saved. The judge was picked because she on the inside.
So if you do plan on making a little bit of stupid cash by investing in $Victoria's Secret (VSCO.US)$… know that you are supporting know paedophiles and rapists. I have heard first hand accounts about the loser at the top of this company, and he also was one of Epstein’s dearest clients. #msmcansuckafartouttamyahole #wemustmakeourownnarrative #epsteindidnotkillhimself #OJgotmoreairtime
ChrisDatSatoshi : so was Bill gates Donald Trump umm geroge w bush lol think the first naw gotta be second one anyways he had every billionaire ya know or herd there this snd I don't think either will sit in jail nor die period they'll disappear and be rich back tot here own land
Bo-Huei Lin : good stuff