By Chloe
Hey, moomooers! Here are things you need to know before the opening bell:
-U.S. stock futures bounced on Tuesday as investors bought the dip following the S&P 500′s worst day since May.
-The House is expected to vote on the combined measure this week to prevent both a partial government shutdown and a potential default on U.S. debt.
Market Snapshot
U.S. stock futures bounced on Tuesday as investors bought the dip following the $S&P 500 Index (.SPX.US)$′s worst day since May.
$Dow Jones Industrial Average (.DJI.US)$ futures rose 348 points, or 1%. S&P 500 futures gained 0.9% and $NASDAQ 100 Index (.NDX.US)$ futures rose 0.8%.
Top news
Democrats add debt limit to spending measure, sparking showdown with GOP
The House is expected to vote on the combined measure this week to prevent both a partial government shutdown and a potential default on U.S. debt.
Surging energy prices push U.K. to weigh helping hard-hit industries
Steps under consideration include state-backed loans to utilities and subsidies for fertilizer producers, as shortages of natural gas and electricity weigh on a range of industries.
U.S. to relax travel restrictions for vaccinated foreign nationals
The new rules, which replace a series of travel bans imposed during the Trump administration, will require travelers flying to the U.S. to show proof of vaccination.
U.S. home-builder sentiment edges up
Home-builder confidence in the U.S. rose slightly in September on lower lumber prices and strong housing demand, according to a measure released by the National Association of Home Builders.
Universal Music shares soar in market debut
Shares of the company behind stars including Taylor Swift, Drake and the Beatles rose 38%, a strong vote of confidence from investors in continued growth in the music industry.
Shopping online is getting more expensive
$FedEx (FDX.US)$ will raise shipping rates at the fastest pace in nearly a decade, adding to pressure on retailers to pass costs to customers.
SEC is investigating Activision Blizzard over workplace practices, disclosures
Federal regulators have launched an investigation into $Activision Blizzard (ATVI.US)$, including how the videogame company handled employees' allegations of sexual misconduct and workplace discrimination.
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg