5 things to know before the stock market opens Monday
Publishing timestamp: 2023-08-28 07:20:50
Summary
Stock futures are slightly higher to start the last week of August. Investors are waiting for economic data and the monthly jobs report to gauge the Fed's next move. Earnings season is winding down, with notable reports from Best Buy, NIO, HP, Salesforce, and others. The IPO freeze for tech companies is over, with Instacart, Klaviyo, and Arm filing for stock market debuts. China Evergrande Group's shares plunged as it resumed trading after filing for Chapter 15 bankruptcy. Bed Bath & Beyond's stock is trading at large volumes despite the company's bankruptcy filing, but shareholders are unlikely to see any gain.
Sentiment: MIXED
Tickers: CRM, 9866-HK, HPE, BF.B, AVGO, @SP.1, OSTK, NIO, @DJ.1, CRWD, OKTA, BBY, BBBY, DG, HPQ, LULU, @ND.1, 3333-HK,
Keywords: dollar general corp, prices, lululemon athletica inc, jerome powell, economy, investment strategy, business, broadcom inc, nio inc, hp inc, markets, brown-forman corp, crowdstrike holdings inc, business news, salesforce inc, best buy co inc, okta inc, hewlett packard enterprise co,
Source: https://www.cnbc.com/2023/08/28/5-things-to-know-before-the-stock-market-opens-monday-august-28.html