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Hey there, Bullets Fans –
Your Morning Bullets Brief Updates are here! And that means trivia is, too.
On this day in 1792, a group of 24 brokers signed the Buttonwood agreement. What is the significance of that document?
Think you know the answer? You can check it in the closing area down below!
Image Source: CNBC
Stock futures slipped this morning, indicating that last week’s sell-off could spill over into the days ahead.
Futures contracts tied to the Dow Jones Industrial Average dipped 150 points, while S&P 500 futures fell almost 0.5%, and the Nasdaq 100 futures dropped by nearly 0.6%.
That said, shares of the big media names were performing well in the premarket after AT&T shared word of potentially merging WarnerMedia with Discovery.
And the world’s largest digital currency rose slightly after the Tesla CEO confirmed that the company “has not sold any Bitcoin.” Over the weekend, an offhand tweet from Elon Musk seemed to suggest otherwise, and the digital coin plummeted under $43,000.
Investors are anticipating the minutes from the Federal Reserve’s latest meeting (out Wednesday) after a hotter-than-expected inflation report sent stocks sinking last week.
“Not only are [last] week’s events a warning sign of how uncomfortable inflation prints can become but also a warning sign of how overbought equity markets have become,” said a managing director at JPMorgan.
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This is how you need to prepare for the big trouble right around the corner
Image Source: eventide.com
If you are a Starbucks lover, you likely noticed something a little unusual on your Monday morning coffee jaunt. As you stood in line, awaiting that fresh cup of espresso, you may have encountered several patrons without masks. Perhaps you were one of them.
Starbucks is one of the most recent big names to declare that masks are now optional for fully-vaccinated customers. And today marks the first day that latte drinkers at the popular chain have that freedom. The big caveat, of course, is that local laws take precedence.
The company’s decision follows last week’s updated guidance from the Centers for Disease Control and Prevention, suggesting that Americans can ditch their face coverings in most circumstances, so long as they are considered fully vaccinated.
Since then, Walmart also announced that shoppers who received the shot could enter the store without a mask, and the company is offering a $75 bonus to employees who get the inoculation.
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