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Hey there, Bullets Fans –
Your Morning Bullets Brief Updates are here! And that means trivia is, too.
On this day, the U.S. officially adopted the term “dollar” to describe its currency. In what year did this happen?
Think you know the answer? You can check it in the closing area down below!
The death toll reaches 28 in the Florida condo collapse
Over the weekend, officials recovered the bodies of more people who lost their lives to the building collapse in Surfside, Florida.
The total death toll has officially reached 28 people, according to authorities.
And first responders continued searching for more than 100 missing residents after the remainder of the building was demolished late Sunday. The Florida governor said that the state is expected to foot the bill for the demolition costs. The decision to tear down the rest of the condominium came as Elsa quickly approached the state of Florida.
“We are on day 12 and obviously, the longer we go, the harder it is [to find survivors],” said the mayor of Miami-Dade County.
What else do we know about the tragedy at this time?
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What strange things did the Facebook CEO say in his weird July 4th post?
Two people are dead and three more are hurt in this fireworks shooting
These are the top three stocks to invest in this year
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The top five happenings in the market this morning
Stock market trading was cut short by the July 4th holiday this week, and futures were relatively muted just before trading opened this morning. Each of the three major benchmarks logged new records as of Friday’s close, and ended the week in the green on the back of a better-than-anticipated June employment report.
The price of oil skyrocketed on Tuesday, with the West Texas Intermediate crude benchmark surpassing nearly $77 a barrel.
Meanwhile, China’s ride-hailing company, Didi Chuxing, dropped nearly 25% early this morning before it recovered some of its losses. The news that China would review the app, as part of a crackdown on big tech, hindered trading early Tuesday.
And well over 1,000 companies were impacted by the REvil ransomware attack. The group, associated with Russia, is asking for $70 million to restore the machines to normal.
Finally, the CEO of Amazon has handed the reins of his company to Andy Jassy, as he prepares for his trip to space later this month.
What else should you be aware of in the market this morning?
More Headline You Need To Read:
When is the day of reckoning for big tech stocks?
These are the best 3D printing stocks you have to keep your eye on right now
What are the top lessons that the Amazon CEO has ever learned?
This is how traders spend their time when the market is closed
How high will wages have to rise for the labor shortage to end?
Or will the labor market remain tight from now on, no matter what?
Thanks for reading once again! And don’t worry, I didn’t forget:
Here’s where you can go to check your answer!
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Your biggest fan,
Fredrick Frost
P.S. How useful did you find today’s Morning Bullets?
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