Before the Bell | Apple briefly tops $3 trillion market cap
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock futures were higher in early morning trading on Tuesday after the Dow Jones Industrial Average and S&P 500 notched new record closes on the first trading day of 2022.
- The iPhone maker's shares closed below the milestone after a 41% jump since the beginning of 2021.
Market Snapshot
U.S. stock futures were higher in early morning trading on Tuesday after the $Dow Jones Industrial Average (.DJI.US)$ and $S&P 500 Index (.SPX.US)$ notched new record closes on the first trading day of 2022.
Dow futures rose 139 points or about 0.4%. S&P 500 and $NASDAQ 100 Index (.NDX.US)$ futures also gained 0.4% apiece.
Market Temperature
Stock futures rise ahead of manufacturing data
U.S. stock futures ticked up, suggesting the New Year's strong start will continue ahead of fresh data on manufacturing and the labor market.
U.S. stock futures ticked up, suggesting the New Year's strong start will continue ahead of fresh data on manufacturing and the labor market.
New year sends treasury yields higher
Signs that the Omicron variant may cause less serious illness than earlier Covid-19 strains have encouraged investors to sell bonds and pursue riskier bets. The 10-year yield rose above 1.6%.
Signs that the Omicron variant may cause less serious illness than earlier Covid-19 strains have encouraged investors to sell bonds and pursue riskier bets. The 10-year yield rose above 1.6%.
U.S., European factories see easing supply strains, but omicron threatens setbacks
Factories in Europe and the U.S. reported a further easing of supply-chain problems at the end of 2021, although the rapid spread of Omicron could worsen shortages of labor and supplies.
Factories in Europe and the U.S. reported a further easing of supply-chain problems at the end of 2021, although the rapid spread of Omicron could worsen shortages of labor and supplies.
New EU rules spark fight over what is 'green' energy
The draft recommendation, which needs approval by the bloc's governments and the European Parliament, underlines the political controversy already being stirred up by environmental policies in Europe, despite broad public support for action to prevent climate change.
The draft recommendation, which needs approval by the bloc's governments and the European Parliament, underlines the political controversy already being stirred up by environmental policies in Europe, despite broad public support for action to prevent climate change.
The Elizabeth Holmes verdict: Theranos founder is guilty on four of 11 charges in fraud trial
The verdict caps the downfall of the former Silicon Valley star who claimed to revolutionize blood testing.
The verdict caps the downfall of the former Silicon Valley star who claimed to revolutionize blood testing.
Apple briefly tops $3 trillion market cap
The iPhone maker's shares closed below the milestone after a 41% jump since the beginning of 2021. $Apple (AAPL.US)$
The iPhone maker's shares closed below the milestone after a 41% jump since the beginning of 2021. $Apple (AAPL.US)$
Airbnb settles with U.S. on alleged violations of Cuba sanctions
The vacation rental company's payment unit has agreed to remit more than $91,000 as part of the settlement with the Treasury Department. $Airbnb (ABNB.US)$
Read More
The vacation rental company's payment unit has agreed to remit more than $91,000 as part of the settlement with the Treasury Department. $Airbnb (ABNB.US)$
Read More
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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