5 Things You Should Know Before The Stock Market Opens Friday, October 22

Date:

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

1. Mixed stock futures after the S & P 500 record ends

The trader works on the floor of the New York Stock Exchange (NYSE) in New York City, USA on October 20, 2021.

Brendan MacDermid | Reuters

US Stock Futures With tech stocks mixed and under pressure on Friday 10-year government bond yield Trading at high prices in May 1.69% or more.. NS S & P 500 Closed the record on Thursday, Extends the execution of the victory session 7 to. NS NasdaqHowever, it was about 1% away from the record closing price on September 7. NS Dow Jones Industrial Average It fell for the first time in three sessions. However, the average of 30 shares remained shy at the record closing price in mid-August. All three benchmarks tracked a solid weekly rise.

  • Dow Jones Honeywell Friday’s premarket initially fell by more than 3% after lower-than-expected third-quarter earnings. But stocks have paired most of those losses.
  • American ExpressAnother Dow Jones Industrial Average rose 1.5% in front of the market after surpassing estimates in quarterly earnings and earnings.

2. Intel stocks sink due to earnings mistakes, outlook warnings

The Intel logo was drawn during preparations at the CeBit Computer Fair.

Fabian Bimmer | Reuters

Dow Jones Intel The next morning the company reported, shed 10% in the premarket on Friday Income weaker than expected In the third quarter. Chip makers also blamed the industry-wide component shortage for the PC chip business shrinking by 2%. Intel has warned that gross profit and free cash flow will drop to lower levels in the next few years as it invests in research and development and builds a new chip factory.

3. Snapshare plummets after slowing online advertising

A Snapchat application on a smartphone located in St. Thomas, US Virgin Islands on Friday, January 29, 2021.

Gabby Jones | Bloomberg | Getty Images

Social media stocks snap20% plunge Quarterly earnings mistake After the advertising business is interrupted due to privacy changes Apple Introduced earlier this year. Snap also warned at the end of Thursday that global supply chain disruptions and labor shortages would reduce “short-term desires to generate additional customer demand through advertising.”Share Facebook When twitter As, decreased by 3% and 4%, respectively Investors are worried about the online advertising business..

4. CDC clears Moderna, J & J boosters and mixes and matches

A person receives the Moderna Covid-19 vaccine at the American Bank Center in Corpus Christi, Texas, USA on Thursday, February 11, 2021.

Go to Nakamura | Bloomberg | Getty Images

Thursday’s Centers for Disease Control and Prevention clear Booster shot Modana When Johnson & Johnson COVID19 vaccine. Moderna was approved for the elderly and at-risk adults 6 months after the second shot.It is consistent with PfizerLast month’s booster approval. The CDC has approved the J & J booster for anyone over the age of 18 who received the first shot at least two months ago. Authorities also gave people the freedom to mix and match any of these three vaccines approved for use in the United States.

5. Biden says corporate taxes are unlikely to be raised by spending bills

US President Joe Biden (R) greets attendees on October 21, 2021 during a commercial break at CNN Town Hall on the Baltimore Center Stage in Baltimore, Maryland.

Nicholas Cam | AFP | Getty Images

President Joe Biden On thursday he Close to signing a contract After weeks of intra-party controversy among Democrats, passing key infrastructure and social spending measures on just a handful of issues still under debate. Biden also said corporate tax rates are unlikely to be raised by spending bills. Instead, he said another minimum corporate tax proposal could fund social programs. According to Biden, the focus of the negotiations is currently four or five issues, with no details.

— Reuters contributed to this report.Follow all market behavior like a pro CNBC Pro..Get the latest pandemic information at CNBC Coronavirus Coverage..

5 Things You Should Know Before The Stock Market Opens Friday, October 22

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The post 5 Things You Should Know Before The Stock Market Opens Friday, October 22 appeared first on Eminetra.

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