Before the Bell | Tesla reports 87% growth in annual vehicle deliveries
By Jimmy
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock futures rose sharply in premarket trading Monday.
- Wall Street forecasters predict rising markets in 2022 thanks to lower valuations, an expanding economy and ultralow interest rates.
Market Snapshot
U.S. stock futures rose sharply in premarket trading Monday, with investors showing hope about the economy's ability to overcome the surge in Covid cases and focusing on progress from the nation's automakers.
Futures tied to the $Dow Jones Industrial Average (.DJI.US)$ jumped 19 points. $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ futures each advanced about 30.75 and 120.50 points.
Stock futures were mildly lower early Friday morning ahead of the final trading day of 2021.
Market Temperature
Top News
Stock futures rise on first trading day of 2022
U.S. stock futures rose to start 2022 as investors monitored cases of the Omicron variant of Covid-19 and other factors that could weigh on stocks this year.
Stocks face obstacles as rate increases loom
Though investors remain hopeful, many see increased threats to the pandemic-era rally, as the central bank starts removing support for the economy.
Cheaper stocks boost S&P 500's prospects in new year
Wall Street forecasters predict rising markets in 2022 thanks to lower valuations, an expanding economy and ultralow interest rates.
U.S., Europe weigh isolation requirements as omicron disrupts daily life
Countries have been trying to balance health concerns with the risk that quarantine periods sideline medical staff, teachers and other workers for so long that hospitals, schools and other workplaces are unable to function effectively.
Red-hot housing market fuels mortgage borrowing record
Mortgage lenders issued $1.61 trillion in purchase loans in 2021, beating a record set in 2005, as a wave of Americans entered the housing market or sought larger homes.
LG Energy Solution starts taking orders for IPO
Battery maker LG Energy Solution has started taking orders from investors as it looks to raise up to $10.8 billion in what could be South Korea's biggest ever initial public offering.
AT&T, Verizon refuse FAA request to delay 5G launch
The cellphone carriers offered a counterproposal that would allow limited 5G deployments to move forward this week. $AT&T (T.US)$ $Verizon (VZ.US)$
Tesla reports 87% growth in annual vehicle deliveries
The electric-vehicle maker's expansion comes despite parts shortages and other logistical problems that have hamstrung the auto industry. $Tesla (TSLA.US)$
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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