Before the Bell | Tech giants face rising pressure over Ukraine

Moomoo Breakfast US wrote a column · Feb 28, 2022 05:32

By Ander

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

- U.S. stock futures moved lower early Monday but were off their morning lows as Russian and Ukraine officials gathered to discuss a potential end to the hostilities between the two sides.

- Facebook, Apple, Google and other tech giants face rising pressure to respond to the conflict in Ukraine, which some analysts think could accelerate the fracturing of the internet into "the splinternet."

Market Snapshot

U.S. stock futures moved lower early Monday but were off their morning lows as Russian and Ukraine officials gathered to discuss a potential end to the hostilities between the two sides.

Dow futures dropped 366 points, or nearly 1.1%. S&P 500 futures fell 1.26% and Nasdaq 100 futures lost 1.24%. Dow futures were off more than 500 points earlier.

Source: Bloomberg

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