5 things to know before the stock market opens Thursday

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyNovember's off to a better start for the stock market. Stocks rallied Wednesday after the latest decision from the Federal Reserve . TheUS Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting at the Federal Reserve in Washington, DC, on November 1, 2023.

The coffee giant also said same-store sales rose 8%, attributing the climb to higher average checks and a 3% increase in customer traffic to its cafes. Net sales, meanwhile,put more money away in 2024. The agency on Wednesday announced new contribution limits for 401s, IRAs and other retirement accounts next year. The employee contribution limit for 401 plans increases to $23,000 in 2024, up from $22,500 in 2023.

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