Here are the most important news, trends and analyses that investors need to start a trading day:
The trader is working on the floor of the New York Stock Exchange (NYSE) in New York on January 12, 2022.
Brendan MacDermid | Reuters
U.S. stock futures Thursday was slightly higher than expected in another hot inflation report. The Nasdaq Rising on Wednesday, t ledech stock rebound Third consecutive session. The Dow Jones Industrial Average And that S & P 500 Profited for the second consecutive day, each ending Wednesday, less than 1.5% off last week’s record closing price. Nasdaq has more work to do to dig deeper from recent slides, ending Wednesday 5.4% away from the latest November record.
- Future outlook, global alternative asset management company TPG Will debut on Nasdaq the following Thursday Pricing Initial public offering is $ 29.50 per share, which is in the middle of the expected range.
- Modana Data from the Covid vaccine trial in children aged 2 to 5 years will be reported by March. If the study is supportive, the company has announced that it will apply for urgent approval to vaccinate that age group. The market share of Moderna was slightly lower than before it was put on the market.
Delta Air Lines plane at Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, USA, Tuesday, December 21, 2021.
Elijah Nouvelage | Bloomberg | Getty Images
Delta Air Lines Equities rose more than 1.5% in the premarket after Thursday’s career recorded the highest quarterly earnings since late 2019. That was more than expected at $ 9.47 billion in the fourth quarter. Earnings of 22 cents per share are also above estimates, thanks to strong vacation bookings and more business trips. Delta said it expects losses in the first quarter and accuses the Covid omicron variant of being expensive and bookings weaker than expected. However, airlines still see further recovery in travel demand and profits this year.
The government’s December data on the Producer Price Index, due out Thursday at 8:30 am, is expected to show a 9.8% year-on-year increase. The November PPI, an indicator of wholesale inflation, was the fastest clip ever, rising 9.6% year-on-year.Thursday’s report comes after December Consumer price index It rose 7% year-on-year at the fastest pace since June 1982. The reaction between the stock and bond markets was high, but fairly modest as the CPI matched the estimates.
Also, at 8:30 am on the ET, the Ministry of Labor will publish a Thursday investigation into the first unemployed claim. Economists expect a total of 200,000 initial applications for unemployment benefits for the week ending January 8. This is a decrease of 7,000 from the previous week, and the data is shown. Firmly fixed Around even lower levels than before the Covid pandemic, when new claims averaged around 215,000.
4. Senate Committee to hold a hearing on the appointment of the Vice-Chairman of the Federal Reserve Board of Brenard
Rael Brainard, a member of the Federal Reserve Board, was invited by US President Joe Byden to the Federal Reserve Board at the South Court Auditorium of the Eisenhower Executive Office Building in the White House, Washington, on November 22, 2021. Speak after being appointed as Vice-Chairman of the.
Kevin Lamarck | Reuters
Senate Banking Commission Hold a confirmation hearing Consider the Federal Reserve Board at 10 am Thursday Lael BrainardNomination to become the next Fed Vice-Chair. In a prepared statement, Brenard said decades of curbing high inflation are the “most important challenges” facing central bankers. Brainard’s prepared remarks were close to the monetary policy script used by the Fed Chair. Jerome Powell At his second confirmation hearing on Tuesday. He said the Fed will take higher interest rates and other measures to ensure that inflation returns from its current highs to the central bank’s 2% target.
US President Joe Biden spoke on voting rights on January 11, 2022, in a speech on the premises of Morehouse College and Clark Atlanta University in Atlanta, Georgia.
Jonathan Ernst | Reuters
President Joe Biden On Thursday, he will speak of his administration’s “rapid reaction” to the surge in cases of Covid due to the highly contagious variant of Omicron. Starting next week, Biden highlights the federal government’s efforts to use military medical personnel to support hospitals that have been hit by the dual problems of a flood of Covid patients and a shortage of sick medical workers. increase. The President also announces that six additional military medical teams will be deployed in Michigan, New Jersey, New Mexico, New York, Ohio, and Rhode Island.
5 Things You Should Know Before The Stock Market Opens Thursday, January 13th
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