By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock futures were slightly lower during early morning trading on Tuesday after the major averages closed at records, boosted by strength in infrastructure stocks.
- The trading app Robinhood said the incident took place last week and that the breach has since been contained.
Market Snapshot
U.S. stock futures were slightly lower during early morning trading on Tuesday after the major averages closed at records, boosted by strength in infrastructure stocks.
Futures contracts tied to the $Dow Jones Industrial Average(.DJI.US)$ dipped 21 points. $S&P 500 Index(.SPX.US)$ and $NASDAQ 100 Index(.NDX.US)$ futures traded in mildly positive territory.
Market Temperature
Read more: Market Temperature (11/09)
Top News
Fed officials flag high inflation and some warn of rate rises if pressure persists
Several regional Federal Reserve Bank presidents said they expect today's high levels of inflation to cool, but some added that if they don't, the central bank might need to raise rates to help bring price pressures back in line.
U.S. seizes $6.1 million in cryptocurrency in ransomware crackdown
The retrieval comes alongside new sanctions that raise compliance questions for victim companies.
Fed's randal quarles to resign at end of year
The resignation will open up another seat for President Biden to fill on the central bank's seven-member board of governors.
SEC names new board members to audit watchdog
Erica Y. Williams, an attorney with Kirkland & Ellis, was appointed as chairwoman of the Public Company Accounting Oversight Board in SEC Chairman Gary Gensler's overhaul.
AMC reports narrower loss as moviegoers return
The chain reported nearly 40 million attendees during the latest quarter, compared with about 22 million in the June quarter, but CEO Adam Aron said $AMC Entertainment(AMC.US)$'s business still isn't where it needs to be.
Robinhood hack exposes millions of customer names, email addresses
The trading app said the incident took place last week and that the breach has since been contained. $Robinhood(HOOD.US)$
Facebook documents accelerate EU push to regulate social media
After a series of meetings with whistleblower Frances Haugen, European Union policy makers called to act quickly to toughen and enact measures in a bill that aims to impose tighter rules on tech platforms. $Meta Platforms(FB.US)$
Read More
Will the rise of US stocks continue in the next few months?
Microsoft once again becomes the largest company in the world
What if Bill Gates hadn't sold his Microsoft shares?
Nvidia is now 24% above the average analyst target price
Roblox soars as it reports that revenue doubled in Q3
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg

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