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By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures were mixed early Friday as concerns over a resurgence of pandemic weighed on global markets.
- The athletic-wear company Nike earlier filed trademark applications indicating it wanted to sell digital versions of its sneakers, clothing and other goods.
Market Snapshot
Stock futures were mixed early Friday as concerns over a resurgence of Covid-19 weighed on global markets.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ fell 138 points, reversing course having earlier been in positive territory by a similar margin. $S&P 500 Index (.SPX.US)$ futures were marginally lower while $NASDAQ 100 Index (.NDX.US)$ futures gained 60 points.
Market Temperature
Read more: Market Temperature (11/19)
Top News
S&P 500 sets another record following earnings from Macy's and Kohl's
Stocks rose to a record as Macy's and Kohl's posted strong earnings and unemployment data showed the labor market is continuing to recover. $Macy's(M.US)$$Kohl's Corp(KSS.US)$
House set to pass $2 trillion social spending and climate bill
Legislation would next go to the Senate, where it could face changes to paid leave, tax and immigration provisions.
In post-GameStop reform push, SEC seeks more stock-lending disclosure
The Securities and Exchange Commission is moving to bring greater transparency to the securities-lending market, where short-selling hedge funds borrow shares to bet against companies' stocks. $GameStop(GME.US)$
EV spat looms over Biden's meeting with Canadian, Mexican leaders
The U.S. president faces visitors who have accused his administration of promoting electric vehicles and union jobs at the expense of trading relationships.
Microsoft pressures Activision Blizzard
Microsoft's executive vice president of gaming told employees the company is evaluating its relationship with Activision Blizzard amid questions about the gaming company's handling of sexual-misconduct issues. $Microsoft(MSFT.US)$$Activision Blizzard(ATVI.US)$
Nike launches virtual play place on Roblox
The athletic-wear company earlier filed trademark applications indicating it wanted to sell digital versions of its sneakers, clothing and other goods. $Nike(NKE.US)$$Roblox(RBLX.US)$
Instagram's effects on children are being investigated by States
A bipartisan coalition of state attorneys general said it is investigating how Instagram recruits and affects young people, amping up the pressure on parent company Meta Platforms over the potential harms to its users. $Meta Platforms (FB.US)$
Read More
Who electrified the entire auto industry? GM or Tesla?
What sectors are investors buying in?
Who is the biggest winner of Elon Musk's stocks sales?
Which stocks have the highest dividends in S&P 500?
Which social media app is the most popular among US Gen Z youth?
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures were mixed early Friday as concerns over a resurgence of pandemic weighed on global markets.
- The athletic-wear company Nike earlier filed trademark applications indicating it wanted to sell digital versions of its sneakers, clothing and other goods.
Market Snapshot
Stock futures were mixed early Friday as concerns over a resurgence of Covid-19 weighed on global markets.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ fell 138 points, reversing course having earlier been in positive territory by a similar margin. $S&P 500 Index (.SPX.US)$ futures were marginally lower while $NASDAQ 100 Index (.NDX.US)$ futures gained 60 points.
Market Temperature
Read more: Market Temperature (11/19)
Top News
S&P 500 sets another record following earnings from Macy's and Kohl's
Stocks rose to a record as Macy's and Kohl's posted strong earnings and unemployment data showed the labor market is continuing to recover. $Macy's(M.US)$$Kohl's Corp(KSS.US)$
House set to pass $2 trillion social spending and climate bill
Legislation would next go to the Senate, where it could face changes to paid leave, tax and immigration provisions.
In post-GameStop reform push, SEC seeks more stock-lending disclosure
The Securities and Exchange Commission is moving to bring greater transparency to the securities-lending market, where short-selling hedge funds borrow shares to bet against companies' stocks. $GameStop(GME.US)$
EV spat looms over Biden's meeting with Canadian, Mexican leaders
The U.S. president faces visitors who have accused his administration of promoting electric vehicles and union jobs at the expense of trading relationships.
Microsoft pressures Activision Blizzard
Microsoft's executive vice president of gaming told employees the company is evaluating its relationship with Activision Blizzard amid questions about the gaming company's handling of sexual-misconduct issues. $Microsoft(MSFT.US)$$Activision Blizzard(ATVI.US)$
Nike launches virtual play place on Roblox
The athletic-wear company earlier filed trademark applications indicating it wanted to sell digital versions of its sneakers, clothing and other goods. $Nike(NKE.US)$$Roblox(RBLX.US)$
Instagram's effects on children are being investigated by States
A bipartisan coalition of state attorneys general said it is investigating how Instagram recruits and affects young people, amping up the pressure on parent company Meta Platforms over the potential harms to its users. $Meta Platforms (FB.US)$
Read More
Who electrified the entire auto industry? GM or Tesla?
What sectors are investors buying in?
Who is the biggest winner of Elon Musk's stocks sales?
Which stocks have the highest dividends in S&P 500?
Which social media app is the most popular among US Gen Z youth?
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
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$Advanced Micro Devices (AMD.US)$ is about to enter the metaverse. Shares of AMD shot higher by 10% in afternoon trading.
The chip giant said its EPYC chips were selected by $Meta Platforms (FB.US)$ to help power its data centers at its virtual Accelerated Data Center Premiere event Monday.
AMD also offered a glimpse at its upcoming EPYC processors codenamed “Genoa” and “Bergamo.” AMD dubbed the Genoa processor as the "world’s highest performance proces...
The chip giant said its EPYC chips were selected by $Meta Platforms (FB.US)$ to help power its data centers at its virtual Accelerated Data Center Premiere event Monday.
AMD also offered a glimpse at its upcoming EPYC processors codenamed “Genoa” and “Bergamo.” AMD dubbed the Genoa processor as the "world’s highest performance proces...
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