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Before the Bell | Surging inflation has workers demanding bigger raises

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Moomoo Breakfast US wrote a column · Dec 22, 2021 05:07
By Ander
Hey, mooers! Here are things you need to know before the opening bell:

- Stock futures were muted early Wednesday morning after the major averages rebounded from a three-day losing streak spurred by fears about the omicron Covid variant.

- Higher prices, a worker shortage and a revitalized labor movement are bringing about the return of pay increases tied to inflation, known as cost-of-living adjustments, or COLAs.
Market Snapshot
Stock futures were muted early Wednesday morning after the major averages rebounded from a three-day losing streak spurred by fears about the omicron Covid variant.
Futures on the $Dow Jones Industrial Average(.DJI.US)$ slipped 27 points, $S&P 500 Index(.SPX.US)$ futures slipped 9 points and $Nasdaq Composite Index(.IXIC.US)$ futures slipped 54 pionts.
Source: Bloomberg
Source: Bloomberg
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Surging inflation has workers demanding bigger raises
Higher prices, a worker shortage and a revitalized labor movement are bringing about the return of pay increases tied to inflation, known as cost-of-living adjustments, or COLAs.
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Key Events This Week
Before the Bell | Surging inflation has workers demanding bigger raises
Before the Bell | Surging inflation has workers demanding bigger raises
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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  • 搞经济 抄底 加仓 : Yes, raise to 100£ per hour.  That should be the right amount for them. Just remember to keep one position for me. I'm good at using my eyes. Watchdog kinda work will be fine 🙂 for me . Happy upcoming holiday everyone

  • xremy : Rise the Salary.. Rise the Price.. 😁