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5 things to know before the stock market opens on Friday

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A new record for the S&P 500 seems unlikely this week as the market is on pace for an opening loss.

S&P 500

The S&P 500 closed Thursday just 0.6% below its all-time intraday high set on Feb. 19. The broader market index is about 13 points below its record closing high of 3,386.15. Senate Minority Leader Chuck Schumer, a Democrat from New York, left, listens as U.S. House Speaker Nancy Pelosi, a Democrat from California, speaks to members of the media following a meeting at the U.S. Capitol in Washington, D.C., U.S., on Friday, Aug. 7, 2020.received two upgrades from Wall Street in less than 24 hours after shares surged on its announcement of a stock split.The upgrade comes just two months after he issued his underweight rating on Tesla.

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Also Iowa lost nearly half of its crops in recent storm.

Only 1 thing everyone needs to know CNBC are a bunch of stock pimping constant permabull charlatans

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