Futures dip, JOLTS data ahead, FTX fraud trial begins - what's moving markets
Investing.com -- U.S. stock futures point into the red, losing some early steam, as traders look ahead to fresh job openings data out of the world's largest economy. Elsewhere, Sam Bankman-Fried's closely-watched fraud trial is scheduled to begin on Tuesday, with the former FTX cryptocurrency exchange boss possibly facing a hefty prison sentence, while shares in embattled property group ChinaU.S.
Yet labor conditions were still tight, with 1.51 job vacancies available for every unemployed person in July. Although this was down from 1.54 in June, it remained above the 1.0-1.2 range widely considered to be necessary for the labor market to not create too much inflation.The fraud trial of Sam Bankman-Fried is scheduled to begin with jury selection on Tuesday, as the disgraced cryptocurrency tycoon faces criminal charges that come with a combined prison sentence of more than a century.
Bankman-Fried's argument will likely be challenged by his former colleagues, including ex-Alameda chief and his one-time love interest Caroline Ellison. She, along with former FTX executives Gary Wang and Nishad Singh, have all pleaded guilty and are set to testify against him.Shares in China Evergrande Group jumped by as much as 42% on Tuesday after the heavily-indebted property developer's stock resumed trading in Hong Kong.
The group had previously said that an official probe had prevented it from issuing new debt, effectively quashing a planned restructuring of its liabilities with international creditors.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Futures waver following U.S. stopgap funding deal; data, Fed speak ahead By Investing.comFutures waver following U.S. stopgap funding deal; data, Fed speak ahead
Consulte Mais informação »
U.S. futures falter after government shutdown averted - what's moving markets By Investing.comU.S. futures falter after government shutdown averted - what's moving markets
Consulte Mais informação »
U.S. futures falter after government shutdown averted - what's moving markets By Investing.comU.S. futures falter after government shutdown averted - what's moving markets
Consulte Mais informação »
U.S. futures rise after government shutdown averted - what's moving markets By Investing.comU.S. futures rise after government shutdown averted - what's moving markets
Consulte Mais informação »
Dow futures trade steady, jobs data in focus By Investing.comDow futures trade steady, jobs data in focus
Consulte Mais informação »
Commodities Week Ahead: Oil Bulls Wish for More OPEC Magic as Greyer Q4 DawnsCommodities Analysis by Investing.com (Barani Krishnan) covering: Brent Oil Futures, Crude Oil WTI Futures, ProShares UltraShort Bloomberg Crude Oil, ProShares Ultra Bloomberg Crude Oil. Read Investing.com (Barani Krishnan)'s latest article on Investing.com
Consulte Mais informação »