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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.

Walmart shares surged as the retailer said it benefited from people opting for groceries over quick-service restaurants.for the first time, although it ended the day slightly lower, back at 39,869.38. Still, the intraday high is the culmination of aalso hit new records before falling to end the day.

It also authorized the CFPB to draw its funding from the Federal Reserve system to insulate it from political pressure by not relying on an annual appropriation from Congress. Justice Clarence Thomas, a conservative, wrote the 7-2 majority opinion.The Adobe XD app on a laptop arranged in the Brooklyn borough of New York, US, on Friday, July 28, 2023., a cloud-based design tool company, said it will allow current investors, including current and former employees, to sell their shares in a.

 

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