Morning Briefing: Disney is considering purchasing Spider-Man rights from Sony

Moomoo Breakfast US wrote a column · Aug 23, 2021 05:22

Morning Briefing: Disney is considering purchasing Spider-Man rights from Sony

By Julianna

Hey, moomooers! Here are things you need to know before the opening bell:

- Stock futures were higher in early morning trading Monday following a volatile week on Wall Street as investors eye a key event where the Federal Reserve could hint at prospects for tapering stimulus.

- Over the years a battle has brewed between the Walt Disney and Sony. The battle stems from the controlled interest Sony has in Spider Man.

Market Snapshot

Stock futures were higher in early morning trading Monday following a volatile week on Wall Street as investors eye a key event where the Federal Reserve could hint at prospects for tapering stimulus.

Futures tied to the $Dow Jones Industrial Average(.DJI.US)$jumped around 147 points. $S&P 500 Index(.SPX.US)$futures and $NASDAQ 100 Index(.NDX.US)$futures were both also in positive territory.

Source: Bloomberg

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