5 things to know before the stock market opens Friday

cnbc2021-04-16

Here are the most important news, trends and analysis that investors need to start their trading day: Dow set to rise after closing above 34,000 for first time ever Homebuilding in March is expected ...

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Comments

kuppi
2021-04-18
kuppi
Good
Huatmoney
2021-04-18
Huatmoney
Comment pls
- Huatmoney:
  I see
- Huatmoney:
  Wow
Teslastonk
2021-04-17
Teslastonk
Green!
- Teslastonk:
  Ok
- CEO_:
  DefinatEly!
Cjexcel
2021-04-16
Cjexcel
Ok
Stanwin
2021-04-16
Stanwin
To the moon
Myname
2021-04-16
Myname
Nice
- sengfuh:
  Hi
- Myname:
  Hi

Leave a comment

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Dow set to rise after closing above 34,000 for first time ever\nDow futures rose modestlyFriday, a day after the30-stock averagegained nearly 1% andclosed above 34,000 for the first time ever. TheS&P 500increased 1.1% to another record close. TheNasdaqhad the best day, jumping 1.3% and finishing 0.4% away from its February closing record. Tech stocks rallied Thursday as the10-year Treasury yieldslippedbelow 1.6%. Spiking bond yields dragged growth names down to their recent lows last month.Morgan Stanleyis set to report earnings before the bell after a week of strong quarterly results to by financial firms.\n2. Homebuilding in March is expected to have been strong\nBlowout March retail salesThursday helped lift stocks — and Friday, investors get a look at the red-hot residential real estate market at 8:30 a.m. ET. The Commerce Department is set to issue March numbers on housing starts and building permits. New construction is expected to surge 14% after February’s 10.3% drop. 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In the U.S., cases per week are well off their all-time highs but consistent with levels seen during the summer surge.PfizerCEO Albert Bourla said peoplewill likely needa booster dose of a Covid vaccine within 12 months of getting fully vaccinated. Bourla said it’s possible that yearly vaccinations against the coronavirus will also be necessary.\n5. Gunman fatality shoots at least 8 people at Indianapolis FedEx facility, kills himself\nAt least eight people diedafter a gunman opened fire at aFedExfacility in Indianapolis late Thursday and then killed himself, city police said. FedEx said in a statement: “We are deeply shocked and saddened by the loss of our team members. ... We are fully cooperating with investigating authorities.” Last week, PresidentJoe Bidenannounced a series of executive actions aimed at tackling what he called a national epidemic of gun violence. 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