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By Danilo
Hey, moomooers! Here are things you need to know before the opening bell:
-U.S. stocks on Tuesday fought to rebound from Monday’s rout, but failed as the Dow Jones Industrial average trended lower for most of the session and closed in the red.
-Fed Chairman Jerome Powell has tried to decouple a coming reduction in asset purchases from signaling its rate plans, but new projections this week could pose a hurdle.
Market Snapshot
U.S. stocks on Tuesday fought to rebound from Monday's rout, but failed as the $Dow Jones Industrial Average (.DJI.US)$ trended lower for most of the session and closed in the red.
The $Dow Jones Industrial Average (.DJI.US)$ gained 201 points. The $S&P 500 Index (.SPX.US)$ and the $NASDAQ 100 Index (.NDX.US)$ were little changed.
Top News
U.S. stocks open higher after global market selloff
Stock indexes rose at the opening, suggesting American markets could regain some ground.
Disney+ subscriber growth slows down
Shares in $Disney (DIS.US)$ fell 4.2% after CEO Bob Chapek said the company's streaming service faced headwinds in the current quarter.
Global trade flows fell in July, according to WSJ indicator
EXCLUSIVE: Global trade flows fell in July, in what may be a sign that the pandemic is taking a toll on the movement of goods across borders.
Fedex lowers outlook, citing labor costs
$FedEx (FDX.US)$ The delivery giant spent an additional $450 million tied to problems attracting workers in its latest quarter, contributing to an 11% drop in profit.
U.S. housing starts rebounded in August, outpacing expectations
Construction of new homes in the U.S. rose 3.9% in August compared with July, to a seasonally adjusted annual rate of 1.615 million, which topped economists' forecast of a 1% increase to an annual pace of 1.55 million.
McDonald's plans to make happy meal toys more sustainable
$McDonald's (MCD.US)$ The fast-food chain is shifting some of its toys to plant-based materials, and the new toys will begin appearing in the U.S. in January
Powell's taper tightrope could be complicated by Fed 'Dots'
Fed Chairman Jerome Powell has tried to decouple a coming reduction in asset purchases from signaling its rate plans, but new projections this week could pose a hurdle.
Read More:
What is PLAYBOY's new venture after its relisting?
Rebound ahead? The S&P 500 approached oversold territory
AMC CEO: Do you think AMC should explore accepting Dogecoin?
Why Marin Software stock is trading higher after-hours Tuesday?
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
Hey, moomooers! Here are things you need to know before the opening bell:
-U.S. stocks on Tuesday fought to rebound from Monday’s rout, but failed as the Dow Jones Industrial average trended lower for most of the session and closed in the red.
-Fed Chairman Jerome Powell has tried to decouple a coming reduction in asset purchases from signaling its rate plans, but new projections this week could pose a hurdle.
Market Snapshot
U.S. stocks on Tuesday fought to rebound from Monday's rout, but failed as the $Dow Jones Industrial Average (.DJI.US)$ trended lower for most of the session and closed in the red.
The $Dow Jones Industrial Average (.DJI.US)$ gained 201 points. The $S&P 500 Index (.SPX.US)$ and the $NASDAQ 100 Index (.NDX.US)$ were little changed.
Top News
U.S. stocks open higher after global market selloff
Stock indexes rose at the opening, suggesting American markets could regain some ground.
Disney+ subscriber growth slows down
Shares in $Disney (DIS.US)$ fell 4.2% after CEO Bob Chapek said the company's streaming service faced headwinds in the current quarter.
Global trade flows fell in July, according to WSJ indicator
EXCLUSIVE: Global trade flows fell in July, in what may be a sign that the pandemic is taking a toll on the movement of goods across borders.
Fedex lowers outlook, citing labor costs
$FedEx (FDX.US)$ The delivery giant spent an additional $450 million tied to problems attracting workers in its latest quarter, contributing to an 11% drop in profit.
U.S. housing starts rebounded in August, outpacing expectations
Construction of new homes in the U.S. rose 3.9% in August compared with July, to a seasonally adjusted annual rate of 1.615 million, which topped economists' forecast of a 1% increase to an annual pace of 1.55 million.
McDonald's plans to make happy meal toys more sustainable
$McDonald's (MCD.US)$ The fast-food chain is shifting some of its toys to plant-based materials, and the new toys will begin appearing in the U.S. in January
Powell's taper tightrope could be complicated by Fed 'Dots'
Fed Chairman Jerome Powell has tried to decouple a coming reduction in asset purchases from signaling its rate plans, but new projections this week could pose a hurdle.
Read More:
What is PLAYBOY's new venture after its relisting?
Rebound ahead? The S&P 500 approached oversold territory
AMC CEO: Do you think AMC should explore accepting Dogecoin?
Why Marin Software stock is trading higher after-hours Tuesday?
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
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Got it. Thank you FUTU♥️
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mccafe06
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My long awaited!
MooMoo super adorable n comfortable moomoo cow-shion.
Thank you moomoo 🙏 @moomoosingapore.
MooMoo super adorable n comfortable moomoo cow-shion.
Thank you moomoo 🙏 @moomoosingapore.
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There's no state between ice and water, everything changed once the temperature reaches the freezing point. However, there is a state between dreaming and sober. We usually call it "investing".
Investing is a very subtle state, people get dizzy while playing big in the money game. We sometimes find it hard to tell whether a person is "high" or has just been through a great loss/ gain in the market. If there's an investor is in the "middle state", we better stay away and observe, wait to see what interesting things are going to happen.
@deluxe bean: I HAD A DREAM LAST NIGHT, THAT AMC HIT 100K
good for you
@old Micheal: $GameStop (GME.US)$
close your eyes, then bad things will not happen
@Carry only: $GameStop (GME.US)$
quick switching between dreaming and sober, nice
@John1: I will, I will
yeah, typical "middle state" guy
@Dude77: $AMC Entertainment (AMC.US)$
I think this must be the wake up call
@deluxe bean: WHEN ITS TURNING GREEN BUT THEN TURNS RED INSTEAD......
no, you may not have a sweet dream
PAPER HANDS BE LIKE...
A dream would not remain if you are being a paper hand.
@Michael_Lawrence: love this meme $GameStop (GME.US)$
damn, I think you may be right
@Kenkkk: $AMC Entertainment (AMC.US)$
this dude really know the key point of investing
So why don't you just meet me in the middle?
I'm losing my mind just a little.
Words in the pop song- The Middle, written by Zedd, Maren Morris, Grey perfectly interpret this mysterious mind state. Come meet me in the middle, let's invest together.
Don't forget to vote and leave your like, comment. Most important, #Moo Humor when you're posting something funny!!!! You'll get 200 points as a reward!!!
That's all for this week, don't forget to keep "investing". Peace!
Investing is a very subtle state, people get dizzy while playing big in the money game. We sometimes find it hard to tell whether a person is "high" or has just been through a great loss/ gain in the market. If there's an investor is in the "middle state", we better stay away and observe, wait to see what interesting things are going to happen.
@deluxe bean: I HAD A DREAM LAST NIGHT, THAT AMC HIT 100K
good for you
@old Micheal: $GameStop (GME.US)$
close your eyes, then bad things will not happen
@Carry only: $GameStop (GME.US)$
quick switching between dreaming and sober, nice
@John1: I will, I will
yeah, typical "middle state" guy
@Dude77: $AMC Entertainment (AMC.US)$
I think this must be the wake up call
@deluxe bean: WHEN ITS TURNING GREEN BUT THEN TURNS RED INSTEAD......
no, you may not have a sweet dream
PAPER HANDS BE LIKE...
A dream would not remain if you are being a paper hand.
@Michael_Lawrence: love this meme $GameStop (GME.US)$
damn, I think you may be right
@Kenkkk: $AMC Entertainment (AMC.US)$
this dude really know the key point of investing
So why don't you just meet me in the middle?
I'm losing my mind just a little.
Words in the pop song- The Middle, written by Zedd, Maren Morris, Grey perfectly interpret this mysterious mind state. Come meet me in the middle, let's invest together.
Don't forget to vote and leave your like, comment. Most important, #Moo Humor when you're posting something funny!!!! You'll get 200 points as a reward!!!
That's all for this week, don't forget to keep "investing". Peace!
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