Business

5 Things to Know Before the Stock Exchange Opens on Tuesday, November 23rd

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

1. Wall Street looks stable after tech stocks plummeted

Traders work at the New York Stock Exchange (NYSE) on October 25, 2021 in New York.

Spencer Platt | Getty Images

2. The United States and other countries will discover their strategic oil reserves.

3. The White House says the US will not use restrictions to combat Covid.

Jeff Zientes, White House Covid-19 Coordinator, speaks at a press conference at the White House on April 13, 2021.

Lee Vogel | Bloomberg | Getty Images

4. Zoom shares fall as revenue growth continues to slow.

Zoom founder Eric Yuan speaks ahead of the Nasdaq Opening Ceremony on April 18, 2019 in New York.

Kena Bettencourt | Getty Images

5. Shares of Best Buy, Urban Outfitters are falling due to rising costs.

An employee brings a television set to a shopper’s car at a Best Buy store in Orlando, Florida.

Paul Hennessy | SOPA Images | LightRocket | Getty Images

Pasadena, California – May 22: Exterior of the Urban Outfitters sign can be seen on May 22, 2021 in Pasadena, California. (Photo RBL / Bauer-Griffin / GC Images)

RBL / Bauer-Griffin | GC Images | Getty Images

Urban Outfitters’ premarket sales fell 11% after the last quarter of the retail chain reflected a shift towards increased online sales, resulting in higher costs due to higher shipping costs and higher wages in its distribution and execution centers. However, Urban Outfitters on Monday reported earnings per share that exceeded expectations.

– Reuters contributed to this report. Monitor all market activities like a pro. CNBC Pro… Get the latest news on the pandemic with CNBC Coronavirus Coverage


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