5 things to know before the stock market opens Tuesday

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

Drugmakers agreed to participate in Medicare price negotiations.Sign up for NBC New York newsletters.

The bulls didn't quite shake off a dour September as a mixed session Monday got October off to a murky start. Tuesday morning futures don't look so bold, either. Caution is the name of the game, at the moment, at least. Investors are keenly watching the surging yield on the 10-year Treasury note, which hit 4.7%. There are also some big data points coming, including Friday's jobs report for September, as well as corporate earnings season, which begins next week.

Rep. Matt Gaetz, the hard right Republican from Florida, finally followed through on his threats to try to oust House Speaker Kevin McCarthy, R-Calif. Gaetz, who leads a faction of conservative Republican insurgents,against McCarthy two days after the speaker worked with Democrats to forge a short-term spending deal that will keep the government open for another month and a half.

The $8 billion Sam Bankman-Fried criminal trial starts today — here's what's at stake and how we got herecongestion pricing

 

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