5 things to know before the stock market opens Thursday
Publishing timestamp: 2023-04-27 06:12:43
Summary
Meta (Facebook) exceeded expectations with its earnings report, causing its stock to surge over 10%. First Republic Bank is in trouble and investors are concerned about a revival of last month's banking crisis. Disney and Florida Governor Ron DeSantis are in a legal dispute over a development deal. House Speaker Kevin McCarthy's debt ceiling bill barely passed, but is unlikely to go anywhere in the Democratic-controlled Senate. Merck, American Airlines, Amazon, and Intel are all set to release earnings reports.
Sentiment: MIXED
Keywords: economy, first republic bank, business, markets, walt disney co, meta platforms inc, investment strategy, business news,