The following is the most important news, trends and analysis that investors need to start their trading day:
1. Dow futures soar, become positive after key inflation data
A statue of George Washington is found in front of the New York Stock Exchange on Wall Street in New York City.
Johannes Eisele | AFP | Getty Images
2. Apple celebrates the launch event and launches the iOS security patch
Apple CEO Tim Cook speaks during a special event at the Apple Park company headquarters in a still image of a video made in Cupertino, California, USA on September 15, 2020.
Apple Inc. | Reuters
Apple on Tuesday celebrates its annual iPhone event, the company’s seventh consecutive virtual launch due to the pandemic. According to analysts, the tech giant will introduce new iPhones and upgrades to its AirPods and Apple Watch. The new iPad and MacBook Pro laptops also need to be upgraded, though it’s unclear whether Apple will pack all of its fall releases into one or hand them out.
Apple has released a patch to iOS, its mobile operating system, to fix a vulnerability related to the iPhone’s iMessage feature. An Israeli company has been exploiting the weakness since February, according to the Citizen Lab research group. The company, NSO Group, did not confirm or deny responsibility. The FBI and Israeli officials have been investigating the OSN.
3. Cathie Wood predicts big gains for Tesla, the cryptocurrency
Cathie Wood, founder and CEO of ARK Investment Management LLC, speaks during the Skybridge Capital SALT New York 2021 conference in New York City on September 13, 2021.
Brendan McDermid | Reuters
Cathie Wood of Ark Invest, the popular investor that focuses on disruptive innovation, made bullish calls Monday evening at Tesla and cryptocurrencies at the annual SALT conference. Asked about his recent cut in Tesla’s stake, Wood said it was a technical move and that the electric vehicle maker still accounts for more than 10% of Ark’s flagship fund. Wood has grown more and more upwards with ether, saying its cryptocurrency portfolio now consists of 40% in the world’s second largest digital currency and 60% in bitcoins.
4. The SEC President will address questions about cryptographic regulations
Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), listens during a meeting of the Financial Stability Board (FSOC) to the U.S. Treasury in Washington, DC, USA, on Monday, December 9, 2013.
Andrew Harrer | Bloomberg | Getty Images
5. House Democrats are proposing tax hikes to pay $ 3.5 trillion
House Speaker Nancy Pelosi and House Committee on Roads and Means Committee Richard Neal (L), a Massachusetts Democrat, talk about the US-Mexico-Canada agreement, known as the USMCA, at the Capitol Hill, Washington, DC, December 10, 2019.
Saul Loeb | AFP | Getty Images
House Democrats outlined the tax increases they intend to use to offset up to $ 3.5 trillion in spending on the social safety net and climate policy. The proposal includes higher tax rates for companies and 26.5% and 39.6%, respectively. Fiscal plans could change as Democrats try to draft and approve a final bill in the coming weeks. The proposal also includes a 3% surcharge on individual income in excess of $ 5 million and a capital gains tax of 25%.
– Reuters contributed to this report. Follow all the actions of the market as a professional CNBC Pro. Get the news about the pandemic with CNBC coronavirus coverage.