10 things you need to know before the opening bell
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Here's what you need to know before US markets open.
1. US and European stocks rise on Covid-19 recovery hopes and the IMF's increased global growth forecast. Check out what markets are up to.
2. Deliveroo shares rose on Wednesday as trading opened for retail investors. Workers are protesting over low pay and working conditions.
3. Crypto exchange Coinbase shares an 840% jump in year-on-year revenue in Q1. However, the company said the market was too volatile to make solid predictions.
4. Investors are selling their stock despite record S&P highs, Bank of America said. Institutional investors have been driving the stock sales.
5. Square, Fidelity, Coinbase, and Paradigm launched a cryptocurrency alliance on Tuesday. It aims to educate policymakers and institutions on the benefits of crypto and debunk "wrong impressions".
6. Earnings expected. RMP International's Q3 2021 earnings are expected, Annual General Meetings are being held at the Bank of Montreal and Zurich Insurance.
7. Coming up on the economic calendar. The Federal Open Market Committee minutes are due to be published.
8. Morgan Stanley has identified a bunch of highly reliable stocks built for any market environment. The firm says to buy these 25 stocks as rising prices threaten to crush profit margins.
9. Annabelle Huang has gained over 10,200% on her first ether purchase. The partner of the billion-dollar Amber Group shares 2 emerging blockchain opportunities on her radar.
10. A wealth management research chief breaks down the best strategies for a post-pandemic world. James Ragan shares the 8 sectors investors should be exposed to now.
from Business Insider https://ift.tt/3wyXwgC
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