Monday, 14 June 2021

10 things you need to know before the opening bell

A stock trader claps at the end of trade at the New York Stock Exchange

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1. S&P 500 futures rise to near record high as investors await Fed decision. See what markets are doing today.

2. Bitcoin nears $40,000 after Elon Musk suggests Tesla will resume crypto payments. Musk said he'll allow it when there's proof of about 50% of clean mining energy usage.

3. Denmark's first meme stock plunges another 37%. Retail broker Nordnet warned investors of the risks posed by the emergence of "extreme trading."

4. Warren Buffett is under fire for avoiding taxes. Here's why the billionaire investor's minimal tax bill seems far less outrageous when viewed in the context of his modest lifestyle.

5. Goldman Sachs says value stocks will outperform in the near term. But growth stocks could take the lead by end of 2021.

6. TikTok's 9 most popular pieces of investing advice. Two financial experts weighed in on the videos with questionable information.

7. On the data docket. The US 3-month and 6-month bill auctions are due.

8. Jefferies has constructed a basket of stocks that's trounced the market so far this year. The firm says to buy these 24 stocks for optimal performance during the rest of 2021.

9. The CEO of a $120 million crypto asset manager shares how the light bulb went off for him to launch a low-cost bitcoin trust. Greg King also breaks down why he's bullish on polkadot and algorand.

10. Two experts from leading cybersecurity ETFs lay out 5 themes that are central in fighting digital warfare. They also list 9 stocks for companies leading the fight against surging cyber attacks.

Read the original article on Business Insider


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