5 things to know before the stock market opens Friday

dropped 0.5% and 0.6%, respectively. U.S. gross domestic product expanded 1.6% in the first quarter, less than expected, while the personal consumption expenditures price index increased at a 3.4% pace, well above the previous quarter's 1.8% advance. Taken together, investors worried it could mean a combined slowing economic growth and rising inflation. Still, major averages are on track for a winning week, and traders will be watching March's PCE reading, due Friday morning.

That came as Microsoft's fiscal third-quarter resultsthat would merge the two media companies, sources told CNBC's Alex Sherman. Skydance Media and its private equity backers KKR and RedBird Capital Partners are targeting May for finalized terms of such an arrangement. Skydance's plan would name Skydance CEO David Ellison as CEO of Paramount Global and former NBCUniversal CEO Jeff Shell as president, the sources said.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Friday's analyst calls: What the Street says about Microsoft earnings, chemical stock gets upgradedMicrosoft and a major chemical stock were among Friday's biggest analyst calls.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Why Coterra is surging Friday while the stock market sits in oversold territoryThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Jim Cramer's top 10 things to watch in the stock market FridayU.S. stock futures fell Friday as investors weighed the latest earnings reports and Israel's strike on Iran.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

5 things to know before the stock market opens FridayHere are the most important news items that investors need to start their trading day.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Friday's analyst calls: Netflix earnings reaction, beauty stock gets a downgradeNetflix and a popular beauty stock were featured among Friday's biggest analyst calls.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »