5 things to know before the stock market opens Wednesday

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Here are five key things investors need to know to start the trading day.

More than a dozen state attorneys general filed lawsuits against TikTok for its effects on young users.

The Justice Department indicated it is considering breaking up Google after a judge ruled it had a search monopoly.Stocks climbed Tuesday as investors look for signs of a so-called soft landing — the Federal Reserve reining in inflation without damaging the economy. Theinched up 0.3%. Since the Fed cut rates by 0.5 percentage points last month, a stronger than expected September jobs report has bolstered hopes that the economy can withstand anti-inflation moves.

Strong winds from Hurricane Milton are expected to hit central Florida Wednesday, and companies are preparing for what will likely be devastating damage to the state. Wall Street analystswhile cruise lines have shifted routes and theme parks have prepared to close areas at risk. Goldman Sachs projected on Tuesday thatParks and Experiences segment by about $150 million to $200 million in its current 2025 fiscal first quarter.

 

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