5 things to know before the stock market opens Friday

Saks Fifth Avenue parent HBC said it would purchase Neiman Marcus Group in a deal valued at $2.65 billion.

Some wealthy Democratic donors say they'll withhold their money unless President Joe Biden drops out of the presidential race.each touched fresh all-time highs on Wednesday and closed at records. The broad market index added 0.51%, while the tech-heavy index climbed 0.88%, led by megacap technology names such aswas the outlier, slipping 23.85 points, or 0.06%, for the day. Trading volume was muted Wednesday, as the New York Stock Exchange closed early.

Signage at a job fair at Brunswick Community College in Bolivia, North Carolina, US, on Thursday, April 11, 2024.is expected to show slowing payroll gains as concerns grow about the broader economy. Economists surveyed by Dow Jones project that the June nonfarm payrolls report, which is set to drop at 8:30 a.m. ET, will show growth of 200,000. If that pans out, it would be down from the 272,000 reported for May.

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