5 things to know before the stock market opens Friday

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

Disgraced FTX founder Sam Bankman-Fried was found guilty of all seven counts related to fraud and money laundering.added 1.89% in its best day since April. Positive economic data on Thursday suggested inflation is easing, the labor market is slowing and the Federal Reserve could be through with rate hikes."The Fed meeting is behind us.

It's beginning to look a lot like a cautious Christmas. The National Retail Federation on Thursday estimated that while Americans are expected to spend more this holiday season than last, the rate of sales growth is likely to. Persistent inflation, combined with dwindling savings accounts and soaring borrowing costs, will leave many shoppers hunting for deals, according to the closely watched holiday forecast.

 

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