The Dow misses its mark, time away from Twitter and oil is off limits. This is what you need to know before the bell.
The Dow narrowly missed out on the magical 20,000 mark Tuesday, at one-point trading just 13 points shy of the historic barrier. However, regardless of whether it gets over the line today, the benchmark is standing strong and remains on track to post a 9% gain for the final three months of the year, the best fourth-quarter gain since 2013.
Could Twitter be in trouble? Two of its top executives -- CTO Adam Messinger and Product VP Josh McFarland -- logged off Tuesday, with the resignations coming hot on the heels of COO's Adam Bain's exit last month. Global Equities Research's Trip Chowdry now says Twitter is "toast," dismissing the social media site as "not even a $10 stock."
Barack Obama isn't going to see out his time in office quietly; the White House revealed the U.S. president has designated the bulk of U.S.-owned waters in the Arctic ocean as indefinitely "off limits" to future oil and gas leasing. This move reflects Obama's desire to cement his environmental legacy and tests President-elect Donald Trump's promise to unleash the nation's untapped energy reserves.