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5 things to know before the stock market opens on Thursday November 4th

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

1. Wall Street is stable after four consecutive days of record highs.

A statue of George Washington is depicted in front of the New York Stock Exchange on Wall Street in New York.

Johannes Eisele | AFP | Getty Images

2. The Fed will begin to shrink this month as it begins to phase out aid in the event of a pandemic.

3. Moderna falls after lowering its 2021 coronavirus vaccine sales forecast.

The doctor takes out a syringe with the Modern vaccine.

Oliver Berg | painting alliance | Getty Images

4. Ford will impose a Covid vaccination on most of its employees.

General view of Ford’s Halewood transmission assembly plant after Ford announced a £ 230 investment in Halewood, England on October 18, 2021.

Christopher Furlong | Getty Images

5. House prepares to vote after Democrats backed Biden’s bill.

WASHINGTON, DC – April 20, 2018: The United States Capitol in Washington DC, often referred to as the Capitol Building, is home to the United States Congress and the seat of the legislative branch of the US federal government. (Photo by Robert Alexander / Getty Images)

Robert Alexander

House preparing to vote Once on Thursday, the Senate passed President Joe Biden’s revised $ 1.85 trillion social and climate spending package, as well as a separate bipartisan Senate, and passed the $ 1 trillion infrastructure bill. In a flurry of recent changes, after months of negotiations, Democrats brought back a new program of paid family leave, work permits for immigrants, and changes in state and local tax deductions. Democrats want to capitalize on Biden’s proposals after their party lost a tough race for Virginia’s governor and barely held out in an unexpectedly tough New Jersey governor’s struggle.

– 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


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