5 things to know before the stock market opens Friday

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5 things to know before the stock market opens Friday

cnbc2021-06-25

Here are the most important news, trends and analysis that investors need to start their trading day: Wall Street headed for its best week in months Fed’s favorite inflation indicator set for release...

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nyse
·2021-06-28
Good news
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Diversified
·2021-06-28
Hi
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JelynnJello
·2021-06-27
Now i know
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DarwinNg
·2021-06-26
Good
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meehie
·2021-06-25
Good
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- chartks:
  ??
  2021-11-03
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- chartks:
  ??
  2021-10-29
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- chartks:
  ??
  2021-10-24
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YT888
·2021-06-25
Following
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Teo YM
·2021-06-25
Good
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财神爷爷97
·2021-06-25
Bravo! ??
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TohYangYang
·2021-06-25
Comment and like pls
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- SunnyBoyz:
  Ok
  2021-06-25
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Wall Street headed for its best week in months\nU.S. stock futuresrose Friday, one day after theS&P 500andNasdaqclosed at record highs, boosted by PresidentJoe Bidenreaching an infrastructure deal with a bipartisan group of senators. TheDowalso rallied Thursday,adding 322 points, or almost 1%, heading for its best weekly gain since March. The 30-stock average, after last week’s worst weekly decline in since October, stands about 1.6% away from its record close in early May. The S&P 500 and Nasdaq were tracking for their best weeks since April.\n\nDow stockNikesoared 13% in the premarket, set to open at an all-time. The athletic shoe and apparel giant late Thursdayhandily beat estimateswith quarterly earnings and revenue. Nike saw a 73% increase in direct sales through its apps and websites. Nike’s stock pop accounts for much of the rise in Dow futures.\nVirgin Galactic jumped 14% after getting thegreen light from the FAAto fly passengers to space. “The commercial license that we have had in place since 2016 remains in place, but is now cleared to allow us to carry commercial passengers when we’re ready to do so,” Virgin Galactic CEO Michael Colglazier told CNBC.\n\n2. Fed’s favorite inflation indicator set for release\nThe10-year Treasury yieldticked higher Friday,trading just under 1.5%, ahead of the 8:30 a.m. ET release of theFederal Reserve’s favorite inflation indicator. Economists expect the government’score personal consumption expenditures indexin May to rise 3.4% year over year and 0.6% month over month. At the same time, May personal income and spending figures are seen declining 2.7% and rising 0.4%, respectively. Income plunged 13.1% in April on the absence of the prior month’s Covid stimulus checks. Spending in April rose 0.5%.\n3. Infrastructure compromise includes $579 billion in new spending\nThe bipartisan infrastructure compromise includes$579 billion in new spending, with $312 billion of those funds going to transportation projects such as roads and bridges. The plan also puts $266 billion into nontransportation infrastructure, including power, water and broadband internet improvements. Only $15 billion goes to electric vehicle infrastructure and electric buses and transit, a fraction of what Biden first proposed. How they’re going to pay for all this remains under discussion. Democratic leaders on Capitol want to pass the bipartisan framework along with a larger bill to addresses more of their priorities without Republican votes.\n4. Search continues for survivors in Florida building collapse\nBiden has promised to provide federal aid, if requested, in the search for survivors of a partial beachfront condo building collapse outside Miami. At least one person was killed andnearly 100 people were still unaccounted for. Officials did not know how many people were in the tower when it fell early Thursday morning, around 1:30 a.m. ET, in Surfside. Florida Gov. Ron DeSantis, who toured the scene, said rescue crews are “doing everything they can to save lives. That is ongoing, and they’re not going to rest.” Authorities did not say what may have caused the collapse.\n5. Chauvin could face decadeslong sentence in Floyd’s death\nFormer Minneapolis police Officer Derek Chauvinwill be sentencedFriday for murder in George Floyd’s death, in a case that sparked global outrage and a reckoning on racial disparities in America. Legal experts predict that Chauvin, 45, could get 20 to 25 years. He was convicted of second-degree unintentional murder, third-degree murder and second-degree manslaughter. While he’s widely expected to appeal, Chauvin also faces trial on federal civil rights charges, along with three other fired officers who have yet to have their state trials.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":127975309,"gmtCreate":1624832492501,"gmtModify":1703845561976,"author":{"id":"4087337498175360","authorId":"4087337498175360","name":"nyse","avatar":"https://static.tigerbbs.com/e034b6608722ef1e0771aba89b643053","vip":1,"crmLevel":1,"crmLevelSwitch":1,"idStr":"4087337498175360","authorIdStr":"4087337498175360"},"htmlText":"Good news","listText":"Good news","text":"Good 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