By Ander
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures rebounded on Tuesday as some investors bought the dip in technology stocks.
- Facebook, Instagram, WhatsApp services restored after hourslong global outage. The problems appeared to be linked to a change the company made to networking instructions for how the world accesses its systems, according to outside experts.
Market Snapshot
Stock futures rebounded on Tuesday as some investors bought the dip in technology stocks.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ gained 116 points. $S&P 500 Index (.SPX.US)$ futures gained 0.35% while $NASDAQ 100 Index (.NDX.US)$ futures added 0.42%.
Top News
Stock Futures Tread Water After Selloff
U.S. stock futures paused, a day after a selloff among some of America's biggest technology firms dragged down broader indexes.
Eurozone Business Growth Slows Further in September
Eurozone economic growth slowed for a second consecutive month in September, marking a further retreat from the 15-year peak recorded in July, as supply-chain shortages impeded both manufacturing and service sector output.
Schumer Sets Up Vote on Debt Ceiling, Says It Must Be Raised by End of Week
Treasury Secretary Janet Yellen has said the government would be unable to pay all of its bills on time starting Oct. 18 unless Congress acts.
OPEC Opts Against Big Output Boost; Oil Hits 7-Year High
OPEC and a Russia-led group of oil producers agreed to continue increasing production in measured steps, deciding against opening the taps more widely, and driving crude prices to their highest levels since 2014.
Facebook, Instagram, WhatsApp Services Restored After Hourslong Global Outage
The problems appeared to be linked to a change the company made to networking instructions for how the world accesses its systems, according to outside experts. $Meta Platforms (FB.US)$
Southwest Airlines to Require Covid-19 Vaccines for Employees
The airline told employees that they would need to be vaccinated by Dec. 8, the deadline the Biden administration has set for federal contractors. $Southwest Airlines (LUV.US)$
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Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg