By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures were little changed early Friday after investors pulled back from the market rebound earlier in the week and turned their focus to inflation data due later in the day.
- Top executives and company leaders like the Waltons, Mark Zuckerberg and Google's co-founders have sold $63.5 billion through November, up 50% from 2020. The sales come amid soaring market valuations and ahead of possible changes in U.S. and some state tax laws.
Market Snapshot
Stock futures were little changed early Friday after investors pulled back from the market rebound earlier in the week and turned their focus to inflation data due later in the day.
Futures contracts tied to the $Dow Jones Industrial Average(.DJI.US)$ gained 52 points. $S&P 500 Index(.SPX.US)$ futures gained 13 points and $NASDAQ 100 Index(.NDX.US)$ futures added 0.3%.
Market Temperature
Read more: Market Temperature (12/10)
Top News
Stock futures edge up ahead of inflation data
U.S. stock futures and bond yields rose ahead of fresh inflation data that could influence the Federal Reserve's timeline for reducing stimulus measures.
Senate clears key hurdle for debt-ceiling increase
The Senate voted to clear the biggest hurdle to raising the debt ceiling, with a core of Republicans joining Democrats to take a critical step toward avoiding a government default.
SEC's Gensler seeks to level playing field between SPACs, traditional IPOs
The SEC chief took aim at blank-check companies, saying they provide ordinary investors with incomplete information and insufficient protection against conflicts of interest and fraud.
Jobless claims fall to lowest level in 52 years
Initial unemployment filings fell to 184,000 last week. Layoffs remain low as employers hold on to workers in a tight labor market.
Musk, other insiders are selling stock at historic levels
Top executives and company leaders like the Waltons, Mark Zuckerberg and Google's co-founders have sold $63.5 billion through November, up 50% from 2020. The sales come amid soaring market valuations and ahead of possible changes in U.S. and some state tax laws. $Tesla(TSLA.US)$ $Meta Platforms(FB.US)$ $Alphabet-A(GOOGL.US)$
Costco sales rise during start of holiday season
The warehouse retailer $Costco(COST.US)$ is navigating rising costs and shipping snarls that mean some toys will reach its stores after Christmas.
Starbucks workers at buffalo-area store vote in favor of unionizing
Baristas voted to form the first labor union at one of the coffee giant's own U.S. cafes in its 50-year history. $Starbucks(SBUX.US)$
Read More
CEOs and insiders sell a record $69 billion of their stock
Cathie Wood says we're going through 'soul-searching'
Google: we won't raise pay to match inflation
How much will you pay for a virtual Gucci bag?
7 overlooked stocks to buy before Wall Street catches on
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg

$Amazon(AMZN.US)$ buy