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5 things to know before the stock market opens Tuesday - TL;DR CNBC

5 things to know before the stock market opens Tuesday

Publishing timestamp: 2024-02-06 06:47:16


Summary

Stocks turned lower on concerns about the Federal Reserve's rate cuts. Palantir shares soared after beating revenue expectations. Snap laid off 10% of its workforce. Treasury yields spiked on strong economic data. Mortgage rates hit 7.04%, impacting the housing market. Starbucks and McDonald's reported sales being hurt by the Israel-Hamas war.


Sentiment: MIXED

Tickers: PLTR.DJI.SPXSBUXMCD.IXICSNAP

Keywords: investment strategydiana olickmcdonald's corpsnap incpalantir technologies incmarketsdow jones industrial averageeconomystarbucks corpnasdaq compositebusinessbusiness newss&p 500 indexeconomic events

Source: https://www.cnbc.com/2024/02/06/5-things-to-know-before-the-stock-market-opens-tuesday-february-6.html


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