Before the Bell | Musk and other insiders are selling stock at historic levels

Moomoo Breakfast US wrote a column · Dec 10, 2021 04:55

By Danilo

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

- Stock futures were little changed early Friday after investors pulled back from the market rebound earlier in the week and turned their focus to inflation data due later in the day.

- Top executives and company leaders like the Waltons, Mark Zuckerberg and Google's co-founders have sold $63.5 billion through November, up 50% from 2020. The sales come amid soaring market valuations and ahead of possible changes in U.S. and some state tax laws.

Market Snapshot

Stock futures were little changed early Friday after investors pulled back from the market rebound earlier in the week and turned their focus to inflation data due later in the day.

Futures contracts tied to the $Dow Jones Industrial Average(.DJI.US)$ gained 52 points. $S&P 500 Index(.SPX.US)$ futures gained 13 points and $NASDAQ 100 Index(.NDX.US)$ futures added 0.3%.

Source: Bloomberg

Market Temperature

Before the Bell | Musk and other insiders are selling stock at historic levels

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