5 things to know before the stock market opens Tuesday

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Here are the most important news items that investors need to start their trading day.

There's no clear indication yet whether Fed officials are leaning toward another 50 basis point rate cut at their next policy meeting, or toward a more traditional 25-point move.24/7 New York news stream: Watch NBC 4 free wherever you areall rose only modestly, as the 30-stock Dow notched another record close. As traders look ahead to the Fed's next policy decision in November, stocks could become more responsive to signs of economic weakness.

The increase comes as the company builds out an EV lineup with prices ranging from about $35,000 to $300,000."We are definitely outstripping the industry in terms of growth, in terms of EVs," Rory Harvey, GM president of global markets told CNBC. Legacy automakers are struggling to catch up to EV market leader Tesla.A Southwest Airlines jet comes in for a landing at Laguardia Airport in New York City, New York, U.S., January 11, 2023.

 

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