5 things to know before the stock market opens Friday
Publishing timestamp: 2023-11-10 07:36:41
Summary
The S&P 500 and Nasdaq Composite snapped their longest win streaks in two years. Income tax brackets and standard deductions will be set slightly higher for 2024. The youngest consumers are adding skincare to their holiday wish lists. Federal Reserve Chairman Jerome Powell expressed uncertainty about whether the central bank has done enough to cool inflation. Income tax changes will take effect in 2024. Senator Joe Manchin will not run for reelection in 2024, potentially giving the GOP an advantage in the Senate elections. Gen Alpha, the youngest generation of consumers, is showing interest in skincare.
Sentiment: NEUTRAL
Keywords: jerome powell, investment strategy, business, economy, s&p 500 index, markets, prices, government and politics, voting, steve daines, business news, joe biden, joe manchin,