Before the Bell | War in Ukraine is already taking its toll on global food supplies
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock futures were lower in early morning trading Monday after the S&P 500′s best week since 2020.
- Shortages of fuel, fertilizer and workers caused by the Russian invasion will shrink an annual bounty that countries rely on around the world. "We want to plant, but the situation is totally unpredictable."
Market Snapshot
U.S. stock futures were lower in early morning trading Monday after the S&P 500′s best week since 2020.
$Dow Jones Industrial Average (.DJI.US)$ futures edged down 101 points, or 0.29%. $S&P 500 Index (.SPX.US)$ futures slipped 0.13%, and $NASDAQ 100 Index (.NDX.US)$ futures declined 0.34%.
Top News
Russia, Failing to Achieve Early Victory in Ukraine, Is Seen Shifting to 'Plan B'
The tactical shift seeks to pressure Ukraine into accepting neutrality and Russian territorial claims, U.S. officials say.
War in Ukraine Is Already Taking Its Toll on Global Food Supplies
Shortages of fuel, fertilizer and workers caused by the Russian invasion will shrink an annual bounty that countries rely on around the world. "We want to plant, but the situation is totally unpredictable."
U.S. Importers Are Trying to Ship Around Potential Labor Disruption
The existing contract with longshore workers expires July 1 and shippers face hurdles to finding alternatives if the talks get ugly.
Stocks Finish Week With Strongest Gains Since 2020
The S&P 500 and Nasdaq advanced as investors continued to evaluate events in Ukraine, rising interest rates and oil prices.
Economy Week Ahead: Powell, Housing, Factories
Reports on factory activity and the housing market highlight this week's slate of economic data.
Australia Bans Alumina, Aluminum Ore Exports to Russia
Australia has banned with immediate effect the export of alumina and aluminum ores to Russia as it widens its sanctions on the country over its invasion of Ukraine.
Nielsen Rejects Takeover Offer From Private-Equity Consortium
$Nielsen (NLSN.US)$ said Sunday it wouldn't proceed with a bid that would have valued the TV-ratings company at $25.40 a share, without naming members of the consortium.
Thoma Bravo to Buy Anaplan for $10.7 Billion
The deal to buy the software maker is the latest in a recent string of big leveraged buyouts. $Anaplan (PLAN.US)$
Canadian Pacific Railway Work Stoppage Threatens New Supply-Chain Snarl
The railway has been in negotiations and mediation since September with the union, and it denied the union's claim that it had initiated a lockout. $Canadian Pacific Railway (CP.US)$
Read More
Read More
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment