By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures declined in early trading on Thursday after the blue-chip Dow Jones Industrial Average retook its record high amid solid corporate earnings.
- PayPal's ambitions to play a bigger role in the shopping process could pay off.
Market Snapshot
Stock futures declined in early trading on Thursday after the blue-chip Dow Jones Industrial Average retook its record high amid solid corporate earnings.
$Dow Jones Industrial Average (.DJI.US)$futures fell 95 points. $S&P 500 Index (.SPX.US)$futures and $NASDAQ 100 Index (.NDX.US)$futures both traded in mildly negative territory.
Market Temperature
Read More: Market Temperature (10/21)
Top News
Dow, S&P 500 finish day near records
U.S. stocks rose amid results from companies including $Tesla (TSLA.US)$ and $Verizon (VZ.US)$ that will provide insight into the effects of inflation and supply-chain disruptions, including from the global chip shortage, on the tech industry.
Fed official says lingering inflation could change interest-rate outlook
Randal Quarles, a Fed governor, says he is watching for signs that higher demand will keep prices elevated even after bottlenecks abate.
Critics blast private equity at Senate hearing
The hearing followed the reintroduction of the Stop Wall Street Looting Act, an overhaul of private-equity regulation that is strongly opposed by the industry.
Investors wager debt-ceiling reprieve passes quickly
Distortions in the short-term Treasurys market have eased but haven't been completely erased.
IBM's sales hit by slower client spending
Total revenue for the September quarter rose to $17.62 billion, shy of analysts' expectations as the company said its cloud business and some clients' pause in spending weighed on its results. $IBM Corp (IBM.US)$
FDA authorizes covid-19 vaccine boosters from Moderna, J&J
U.S. health regulators significantly widened the nation's Covid-19 booster campaign, clearing use of extra doses of $Moderna (MRNA.US)$ and $Johnson & Johnson (JNJ.US)$ vaccines and also saying people can get a shot that is different from what they had previously received.
PayPal's vision board comes into focus with Pinterest
Payments company's ambitions to play a bigger role in the shopping process could pay off. $PayPal (PYPL.US)$ $Pinterest (PINS.US)$
Read More
Tesla posts record revenue and profit in third quarter
SpaceX expected to become more valuable than Tesla?
[Rewards Calling] Facebook's name change can't fix anything!
IPO Snapshot | MicroPort MedBot, global first-tier surgical robot company
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg