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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.

Streaming 24/7: Watch NBC 5 local news and weather for free wherever you aresuffering its third straight session of the month in the red. The broad market index fell 0.3% to close out the session at 5,503.41. Theended the session with gains. The tech-heavy index rose 0.25% to finish at 17,127.66, even moving as high as 1.2% earlier in the session. Arun Sai, senior multi-asset strategist at Pictet Asset Management, said,"We're right in the middle of yet another mini growth scare.

The Red Lobster logo is displayed outside of a closed restaurant in Torrance, California, on May 14, 2024.back in May. Per the company's plan, Red Lobster will be acquired by RL Investor Holdings by the end of September, after which former P.F. Chang's CEO Damola Adamolekun will lead the restaurant. Red Lobster's current CEO, Jonathan Tibus, will leave the company."This is a great day for Red Lobster," Adamolekun said in a statement.

 

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