5 things to know before the stock market opens on Friday 5 November

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

1. Wall Street looks higher ahead of the vacancy report, after more records.

Traders on the NYSE

Source: NYSE

2. In October, hiring is expected to rise, as well as wages.

3. Pfizer Says Its Covid HIV Pills Reduce The Risk Of Serious Illness.

People walk in front of a Pfizer sign at Pfizer World Headquarters on March 23, 2021 in New York. The Food and Drug Administration (FDA) says Pfizer’s coronavirus vaccine can be stored in conventional freezers for up to two weeks, rather than at very cold temperatures.

SEE Press | Corbis News | Getty Images

4. Peloton shares are falling on slower sales growth and larger quarterly losses.

Exercise Equipment and Apparel for Sale at the Peloton Interactive Inc. showroom. in Dedham, Massachusetts, USA, Wednesday, February 3, 2021.

Adam Glanzman | Bloomberg | Getty Images

5. Biden’s massive spending bill is on the verge of a House vote, but the fight continues

US President Joe Biden and House Speaker Nancy Pelosi leave after meeting with the Democratic faction at the US Capitol in Washington, D.C., October 28, 2021.

Nicholas Camm | AFP | Getty Images

Democrats in the house be on the brink promoting President Joe Biden’s $ 1.85 trillion domestic policy package and steadily increasing social and climate spending, along with a separate $ 1 trillion infrastructure bill that has already been passed in a bipartisan Senate vote. The House of Representatives canceled the vote late Thursday, but hoped to pass the bills on Friday. House Speaker Nancy Pelosi, Calif., Worked at the Capitol at night trying to garner support. The non-partisan Joint Tax Committee said Thursday that its initial analysis of the larger bill showed it would generate $ 1.48 trillion in revenue over a decade and is unlikely to increase the deficit in the long run.

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

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button