10 things you need to know before the opening bell
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1. Global stocks slid after strong earnings and economic data led them to record highs. See what markets are doing.
2. The eurozone fell into a double dip recession in Q1. The bloc struggled to contain COVID-19 and vaccine rollout was slow.
3. The Methodist Church sold its entire stake in Shell. The energy company's climate transition strategy was behind the decision.
4. Gold ETFs suffered their largest outflow since 2016 in the first quarter of 2021. Demand fell as interest rates rose.
5. 1 in 5 investors said they had based investment decisions on Reddit, a new survey shows. The investing.com survey also showed that this trend grew after the GameStop frenzy.
6. Another busy day for earnings. BNP Paribas, Barclays, Astra Zeneca, Alibaba, Bank of Beijing, Chevron, AbbVie and Exxon Mobile are some to look out for.
7. On the data docket. The Fed's favored gauge of inflation - the personal consumption expenditure index - is due.
8. Jefferies is on the hunt for stocks with exposure to the booming NFT industry. The firm says buy these 14 stocks to ride the trend as digital collectibles get more mainstream.
9. A crypto technical analyst breaks down why ethereum is a better investment than bitcoin right now. Julius de Kempenaer also says ethereum is set to rise to $3,000.
10. JPMorgan is surveying the landscape to figure out ways to trade Biden's newly released tax and infrastructure plans. The firm lays out how to invest in the biggest stock-market beneficiaries - and shares the potential losers to avoid.
from Business Insider https://ift.tt/3gR6Ff6
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