Business

5 Things to Know Before the Stock Exchange Opens on Monday 22nd November

Here are the most important news, trends and analysis that investors need to start their trading day:

1. The Dow is set to rebound after Friday’s drop capped a tough week.

Traders work on the New York Stock Exchange (NYSE) on November 15, 2021 in New York.

Spencer Platt | Getty Images

2. Biden may announce his appointment as head of the Fed this week.

3. The optimal period for promotions may come during the holiday week.

4. Austria closes as protests against restrictions sweep across Europe.

A protester lights a smoke bomb during a rally organized by the Austrian far-right Freedom Party FPOe against measures taken to contain the Covid pandemic at Maria Theresien Platz Square in Vienna, Austria, November 20, 2021.

JOE CLAMAR | AFP | Getty Images

Austria has entered his fourth national quarantine on Monday, as Covid cases raged across Europe. The softening announcement on Friday, which sparked widespread selling in global stock markets, also included a vaccine requirement starting February 1. The quarantine in Austria is expected to last 10 days, although officials said it could extend longer if necessary. Austria hopes to lift the measures on December 13, but may keep them in place for the unvaccinated. Tens of thousands protesters passed through Vienna on the Saturday before quarantine. Demonstrations against virus restrictions have also erupted in Switzerland, Croatia, Italy, Northern Ireland and the Netherlands.

5. Authentic Brands completes IPO to sell stake to private investors.

Jamie Salter, Chairman and CEO of Authentic Brands Group LLC.

Norm Betts | Bloomberg | Getty Images


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