5 things to know before the stock market opens Wednesday

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Here are the most important news items that investors need to start their trading day.

Falling Bud Light sales are still hitting Anheuser-Busch InBev.A late rally didn't jolt markets enough. The Dow and the S&P 500 declined 1.4% and 2.2%, respectively, for October, marking the first three-month losing streak for both indexes since March 2020. The tech-heavy Nasdaq, meanwhile, fell 2.8% for October, also notching its third consecutive negative month. But maybe there's some hope for investors. November has historically been a strong month for markets.

Normally, the markets don't care much about the Treasury Department's routine practice of auctioning off debt. But these aren't normal times in the markets. Bond and stock markets have been volatile amid fears of oversupply at a time when the Federal Reserve ishave surged, investors are more interested than usual in how the government will go to market with its borrowing needs. That means Wednesday will be a double whammy, with the Treasury Department making itsat 8:30 a.m.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 270. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Committee approves acquisition of Morgan Park site for Chicago migrants; Council to vote WednesdayWith cold weather moving in, the Chicago City Council is looking to move ahead with plans to acquire land for an additional shelter for asylum seekers.
Source: ABC7Chicago - 🏆 284. / 63 Read more »