Everything You Need To Know
US futures are slightly higher as investors await news from the Fed.
European and Asian markets are trading higher on economic recovery hopes and key central bank meetings.
Gold is trading slightly higher today, while silver is down 0.4% as the Fed’s response to rising yields comes into the spotlight. Oil prices are down over 1.5% as increased stockpiles cause concerns.
Bitcoin is down another 1.7% today and is currently trading around $55,525.
President Biden is planning on raising taxes sooner rather than later. Biden wants to raise corporate taxes from 21% to 28%. Stripe is now America’s most valuable startup. Carnival has more cruise bookings for 2022 than it had in 2019.
Biggest Pre-Market Movers
AstraZeneca (AZN) is up 2.3% after their vaccine will be recommended to those 65 and older in Canada. SBUX is up 1.8% after BTIG upgraded to them to a buy from neutral. FTCV is up 14.7% after announcing a merger with eToro a Robinhood rival.
Chart of the Day
BIGC Ready to Breakout
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