5 Things You Should Know Before The Stock Market Opens Friday

Here is the most important news, trends and analysis that investors need to start their business day.

1. Doe’s future prospects appear after a 30-day average six-session loss.

The Twitter logo and trade information appear on a merchant’s floor in New York City, USA, May 3, 2022 at the New York Stock Exchange (NYSE).

Brenda McDermid | Reuters

U.S. stock futures rose on Friday, with the S&P 500 trying to keep Nasdaq in the bear market, down 20% or higher.

  • Nasdaq’s future has taken the lead on Twitter, although its pre-market share is down 12%. Elon Musk ‘s shareholding has plummeted by 25 percent since Friday’s deal to buy social media was “temporarily suspended.” Twitter shares were comparing those losses, Mook later tweeted:
  • Dow Jones Industrial Average dropped to its sixth consecutive session on Thursday, dropping further to a correction of 10% or more. The S&P 500 fell slightly. Nasdaq has done little.

2. Bond production increased after Paul said he could not guarantee a smooth landing.

The 10-year treasury output was higher on Friday but fell below 3%, a key breach for the first time since the end of May 2, 2018.

  • Bond production is booming, believing the Federal Reserve needs to take stronger action against rising inflation to fight inflation. Following the recession, there is a real risk of inflation.
  • Federation chairman Jerome Paul said in an interview on Thursday that he could not make a promise to the economy. He warned that controlling inflation could cause some economic hardship but that it was a priority.

3. Two tweets from the Elon Musk deal about the Twitter deal

On Friday morning, Mask tweeted on Twitter during a wild trip. “I am still committed to the purchase,” he said, pausing Twitter to find out more about how fake accounts are on the social media platform. The first tweet came at 5 44 44 am ET. The second Twitter post was posted two hours later.

Tesla CEO Masc announced on Twitter last month that he plans to buy Twitter for $ 44 billion. Tesla Shares, which was recently threatened by the recent Twitter-Twitter deal, garnered more than 5% of its shares on Friday after the second.

4. Some stablecoins get their footing, helping them move to the higher crypto market

Tether has long questioned whether it has enough assets to secure its relationship with the dollar.

Tiffany Hagler | Bloomberg via Getty Images

After more than $ 3 billion worth of tokens left the system in one day, Tetter, the world’s largest stable coin, regained its dollar image. The cryptocurrency, which has always been valued at $ 1, dropped by 95 cents on Thursday. The controversial stable currency, the TerraUSD, or UST, has fallen sharply in recent days due to a 1-to-1 ratio to the dollar, trading around 8 cents on Friday. Luna, a token associated with UST, is currently priced at $ 0.

  • He added that the uncertainty of stable currency Saga has contributed to the sharp fall across the crypto market. Bitcoins returned more than $ 30,000 on Friday, returning from unprecedented levels by the end of 2020. At the current level, Bitcoin, the world’s largest cryptocurrency, is down 50%, up from $ 68,000 in November.

5. The CEO of crypto exchange plays a major role in Robinwood

Sam Bankman-Fried, CEO of FTX US Deivatives, FTX Proposals and Trends Changing Market Roles in New Clearing House Models, Longwort Building on Thursday, May 12, 2022, during the House Agriculture Committee hearing.

Tom Williams | CQ-Roll Call, Inc. | Getty Images

  • Robinwood shares of the popular stock and crypto trading platform jumped more than 23% on Friday. In normal trading on Thursday, stocks remained lower. Robinhud ended the session last July with $ 8.56, which was 77 percent higher than the IPO price.
  • The document states that Banman-Freed has no plans to change or reflect the company’s control. The record also states that it can “negotiate with management from time to time.”

– CNBC Jesse Pound, Vicki Macquarie, Jeff Cox, Sam Shed And Tanya Macchel Contributed to this report.

Sign up now Join CNBC Investing Club to track Jim Kramer’s every move. Follow the broad market action as an expert on CNBC Pro.

.

Leave a Comment