Before the bell | Treasury yields rise, remain inverted as recession fear linger
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures slipped in early morning trading Tuesday after investors bought the dip in technology shares following recent weakness.
- U.S. Treasury yields rose and remained inverted on Tuesday morning, amid concerns that recession may be on the horizon.
Market Snapshot
Stock futures slipped in early morning trading Tuesday after investors bought the dip in technology shares following recent weakness.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ down 0.22%, while futures $S&P 500 Index (.SPX.US)$ dropped 0.21% and $NASDAQ 100 Index (.NDX.US)$ futures slipped 0.19%.
Top News
Stock Futures Hover After Tech Rally
U.S. stock futures were flat after stocks on Wall Street closed higher, led by a rally in technology shares.
U.S. and Allies Vow Action Over Reports of Russian Atrocities in Ukraine
Biden calls for war crimes trial, says Putin must be held accountable, as Ukrainians recount brutality of occupation.
Treasury yields rise, remain inverted as recession fears linger
U.S. Treasury yields rose and remained inverted on Tuesday morning, amid concerns that recession may be on the horizon.
AMD's planned acquisition of Pensando will enhance its position in data processing unit market
Advanced Micro Devices' (AMD) plan to acquire technology firm Pensando for about $1.9 billion which will enhance the chipmaker's position in the data processing unit market, Wedbush said in a note Monday. $Advanced Micro Devices (AMD.US)$
Starbucks' Schultz announces halt to stock buybacks
Starbucks Corp will pause billions of dollars of stock buybacks to invest more in employees and stores, longtime former chief executive Howard Schultz said on Monday. $Starbucks (SBUX.US)$
Investment firm files demand for arbitration against Morgan Stanley
Disruptive Technology Solutions LLC and affiliated funds have filed a demand for arbitration against Wall Street bank Morgan Stanley with the Financial Industry Regulatory Authority, the Wall Street Journal reported. $Morgan Stanley (MS.US)$
Nio said to be in discussions with rivals to license its flagship EV battery-swap tech
NIO Inc is in talks with several automakers for licensing its battery-swapping technology, Financial Times reported on Tuesday, citing the electric vehicle maker's European president Hui Zhang. $NIO Inc (NIO.US)$
Hertz to buy 65,000 EVs from Swedish car maker
Rental car company Hertz announced plans to purchase up to 65,000 electric vehicles (EVs) from Swedish car manufacturer Polestar. $HERTZ GLOBAL HOLDINGS INC (HTZGQ.US)$
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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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Revelation 6 : War is hell and war crimes are war crimes, but let’s keep this all in context. People die at war, that’s going to happen. One man’s war crime is another man’s spearhead, total war offensive movement. Civilians die at war. Even if they are given enough time to leave, some don’t. That makes it you choice to stay and take your chances. Seldom, if ever, are the victors charged with war crimes. The losers are always charged with war crimes. The commanders of the losing army are always made responsible for all crimes committed by their command. History is always written from the victors point of view.