October 5, 2022

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5 things to know before the stock market opens Tuesday, Sept 28

Here are the most important news, trends and analysis that investors need to start their trading day:

1. Nasdaq futures sink as soaring bond yields slam tech

The Nasdaq logo is displayed at the Nasdaq Market site in New York September 2, 2015.

Brendan McDermid | Reuters

2. Fed’s Powell to acknowledge inflation may last longer

Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, U.S., June 22, 2021.

Graeme Jennings | Reuters

3. Pfizer asks FDA to clear Covid vaccine for kids 5-11

A vial of Pfizer-BioNTech Covid-19 vaccine is seen at a pop up vaccine clinic in the Arleta neighborhood of Los Angeles, California, August 23, 2021.

Robyn Beck | AFP | Getty Images

4. Senate GOP blocks bill to fund government, suspend debt limit

Senate Minority Leader Mitch McConnell (R-KY) answers questions at the U.S. Capitol following the Republican policy luncheon on September 21, 2021 in Washington, DC.

Win McNamee | Getty Images

5. Ford, SK Innovation to spend $11 billion on new U.S. plants

A battery manufacturing complex U.S automaker Ford Motor Co and its South Korean battery partner SK Innovation plan to build in Kentucky, opening in 2025, is seen in an artist’s rendition released September 27, 2021.

Ford Motor Co | Handout | via Reuters

https://www.cnbc.com/2021/09/28/5-things-to-know-before-the-stock-market-opens-tuesday-sept-28.html