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.

The Israeli military has instructed civilians in Gaza City to evacuate.Stop me when you've heard this one ... Investors were spooked Thursday by new data showing persistent U.S. inflation. A fresh read from the Labor Department showed the consumer price index up 0.4% on the month and 3.7% on the year, slightly higher than Wall Street expectations, and sent major stock indexes lower. Thelost 0.63%.

As violence in Israel stretches to nearly a week, the Israeli military has instructed civilians in Gaza City to evacuate, fueling concerns over the possibility of an Israeli ground incursion into the territory. The Israeli Defense Forces haven't confirmed such plans, but have gradually amassed troops at the border and have given the roughly 1.1 million residents of north Gaza about 24 hours — or before midnight local time — to leave the area, according to the United Nations.

Taylor Swift has officially hit the big screen. The superstar's Eras Tour concert film debuted in theaters Thursday night, a day earlier than planned due to"unprecedented demand." The limited run was already set to be a blockbuster (and a. A haul of that scale would put the film on par with the likes of"Barbie,""The Super Mario Bros. Movie" and"Spider-Man: Across the Spider-Verse." But as Shawn Robbins, chief analyst at BoxOffice.

 

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Stock futures are little changed ahead of Friday's big bank earnings: Live updatesThe major averages fell on Thursday, but all three are on pace for weekly gains.
Source: CNBC - 🏆 12. / 72 Read more »