5 things to know before the stock market opens Wednesday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

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

Here are the most important news items that investors need to start their trading day:For a while it looked hopeful U.S. stock markets had fallen as far as they could this year. Since June, stocks had been chugging back. Now we're in the early days of fall, and the S&P 500 is coming off a fresh 2022 low Tuesday. There could be more selling to come, as well.

Analysts expect the Bank of England may need to raise interest rates more aggressively following market turbulence on Monday morning.The Bank of England is intervening in the market chaos unleashed by the new UK government's tax-cut-heavy economic plan.that it would hold off on its plans to start selling bonds, also known as gilts in the UK, and start a temporary program of buying longer-term debt.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks fall on recession fears; Dow slips into bear marketStocks closed broadly lower Wall Street and the Dow Jones Industrial Average became the last of the major U.S. indexes to fall into what’s known as a bear market.
Source: KPRC2 - 🏆 80. / 68 Read more »

Asian markets mixed after Dow falls into bear marketStocks were mixed in Asia on Tuesday after closing broadly lower on Wall Street, where the Dow Jones Industrial Average fell into what’s known as a bear market.
Source: MarketWatch - 🏆 3. / 97 Read more »