5 Things to Know Before the Stock Market Opens || Columbus Day
#StockMarket #Investing #Tesla #Boeing #Bitcoin #CryptoStocks #NYSE #MarketNews #FinancialUpdate #tradingtips
5 Things to Know Before the Stock Market Opens
On this Columbus Day holiday, the stock markets are open for business. Following Friday's record closings of the S&P 500 and Dow Jones Industrial Average, US stock futures are little changed. Premarket trading has seen a decline in shares of Boeing (BA), which announced plans to cut about 17,000 jobs. On the other hand, shares of Tesla (TSLA) have increased, reversing Friday's decline in the EV maker's stock after its much-discussed robotaxi event. Finally, crypto-related stocks are rising as bitcoin (BTCUSD) surged to almost $65,000. What today's investors should know is as follows.
1. Bond market closed, NYSE and Nasdaq opened.
Monday is a federal holiday in the United States, so banks and government offices will be closed. The New York Stock Exchange and Nasdaq will be open and operating normally today, but the bond market will be closed for Columbus Day, also observed as Indigenous Peoples' Day.
2. Steady US Stock Futures After the Rally of Last Week
Monday morning stock futures are essentially unchanged as the US equity market attempts to maintain the upward trend that has propelled major indexes to all-time highs in the last few sessions. Friday's record closing highs for the S&P 500 and Dow Jones Industrial Average were driven by positive inflation data and solid bank earnings. There are no economic reports or earnings releases today due to Monday's holiday, but the calendar gets a lot busier in the next few days. The main U.S. stock indexes have been rising for the past five weeks.
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#StockMarket #Investing #Tesla #Boeing #Bitcoin #CryptoStocks #NYSE #MarketNews #FinancialUpdate #tradingtips
5 Things to Know Before the Stock Market Opens
On this Columbus Day holiday, the stock markets are open for business. Following Friday's record closings of the S&P 500 and Dow Jones Industrial Average, US stock futures are little changed. Premarket trading has seen a decline in shares of Boeing (BA), which announced plans to cut about 17,000 jobs. On the other hand, shares of Tesla (TSLA) have increased, reversing Friday's decline in the EV maker's stock after its much-discussed robotaxi event. Finally, crypto-related stocks are rising as bitcoin (BTCUSD) surged to almost $65,000. What today's investors should know is as follows.
1. Bond market closed, NYSE and Nasdaq opened.
Monday is a federal holiday in the United States, so banks and government offices will be closed. The New York Stock Exchange and Nasdaq will be open and operating normally today, but the bond market will be closed for Columbus Day, also observed as Indigenous Peoples' Day.
2. Steady US Stock Futures After the Rally of Last Week
Monday morning stock futures are essentially unchanged as the US equity market attempts to maintain the upward trend that has propelled major indexes to all-time highs in the last few sessions. Friday's record closing highs for the S&P 500 and Dow Jones Industrial Average were driven by positive inflation data and solid bank earnings. There are no economic reports or earnings releases today due to Monday's holiday, but the calendar gets a lot busier in the next few days. The main U.S. stock indexes have been rising for the past five weeks.
Stock Market Open, Tesla Stock, Boeing Job Cuts, Bitcoin Surge, Crypto Stocks, S&P 500, Dow Jones, Market Update, Financial News, Trading Insights, columbus day,indigenous peoples day,is today a federal holiday,what holiday is today,are banks open today,is the stock market open today,indigenous peoples day 2024,are banks closed today,is there mail today,is stock market open on columbus day 2024,does mail run on columbus day,is stock market open today,are post offices closed on columbus day,federal holidays,banks open on columbus day 2024,is the market closed on columbus day,nyse holidays 2024
Copyright Disclaimer Under Section 107 states that under specific conditions for copyright, unauthorized use of material that is copyrighted is permitted when this use falls in the category of being ‘fair’. Under the Copyright Disclaimer under Section 107 of the Copyright Act 1976, there is an allowance for ‘fair use’ of copyrighted material for such purposes as education and research, scholarship, criticism, news reporting, comment, and teaching. Fair use copyright YouTube disclaimer refers to the use allowed by the copyright statute, which would otherwise be looked at as an infringement.
Personal use for education, where in both cond
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00:00Five things to know before the stock market opens.
00:04On this Columbus Day holiday, the stock markets are open for business.
00:09Following Friday's record closings of the S&P 500 and Dow Jones Industrial Average,
00:14U.S. stock futures are little changed.
00:17Pre-market trading has seen a decline in shares of Boeing, BA,
00:22which announced plans to cut about 17,000 jobs.
00:26On the other hand, shares of Tesla, TSLA, have increased,
00:31reversing Friday's decline in the EV maker's stock after its much-discussed RoboTaxi event.
00:37Finally, crypto-related stocks are rising as Bitcoin, BTCUSD, surged to almost $65,000.
00:45What today's investors should know is as follows.
00:481. Bond market closed, NYSE and NASDAQ opened.
00:53Monday is a federal holiday in the United States, so banks and government offices will be closed.
00:58The New York Stock Exchange and NASDAQ will be open and operating normally today,
01:03but the bond market will be closed for Columbus Day, also observed as Indigenous Peoples Day.
01:102. Steady U.S. stock futures.
01:14After the rally of last week.
01:18Monday morning stock futures are essentially unchanged
01:21as the U.S. equity market attempts to maintain the upward trend
01:25that has propelled major indexes to all-time highs in the last few sessions.
01:30Friday's record-closing highs for the S&P 500 and Dow Jones Industrial Average
01:35were driven by positive inflation data and solid bank earnings.
01:40There are no economic reports or earnings releases today due to Monday's holiday,
01:45but the calendar gets a lot busier in the next few days.
01:48The main U.S. stock indexes have been rising for the past five weeks.
01:523. Slides from Boeing large job cuts, $5 billion in charge pre-market trading,
01:59has seen a more than 2% decline in Boeing, BA shares,
02:03since the aircraft manufacturer revealed a number of cost-cutting initiatives over the weekend,
02:09including a 10% workforce reduction or 17,000 jobs
02:13and a delay in the introduction of its first 707X jetliner.
02:191. Boeing.
02:21CEO Boeing's message to staff on future positioning.
02:25Additionally, Boeing stated that it anticipates pre-tax earnings charges
02:30at its defense and commercial aircraft divisions of $5 billion in the third quarter.
02:35Following its withdrawal of its contract offer to its striking machinists,
02:40the aircraft manufacturer received a downgrade warning on its debt last week
02:45from ratings agency S&P Global.
02:484. Tesla rises.
02:51Following slide.
02:52Following the robo-taxi event.
02:55In pre-market trading, Tesla's TSLA stock is up more than 1%,
03:00recovering some of the significant losses sustained on Friday
03:04following the electric vehicle manufacturer's highly anticipated unveiling
03:08of its CyberCab autonomous vehicle,
03:11an event that, according to analysts, lacked sufficient details.
03:16After reaching a record high on Friday, Uber Technologies, Uber shares,
03:21are now losing some of their early gains, down roughly 1% in pre-market trading.
03:27The lackluster reaction to the CyberCab helped ride-sharing firms grow
03:32as worries about the competitive threat posed by self-driving taxis subsided.
03:385. Bitcoin's increase pushes up.
03:42Crypto stocks, stocks related to cryptocurrencies,
03:45are increasing after the price of Bitcoin, BTCUSD,
03:50surged to almost $65,000 for the first time in several weeks,
03:54even though the token is still below its record high of $73,000 set in March.
04:00With significant Bitcoin holdings,
04:02software company MicroStrategy, MSTR, is up roughly 6% in pre-market trading.
04:09Coinbase, COIN, a cryptocurrency exchange, is up 4%.
04:14And Marathon Digital Holdings, MARA, a Bitcoin miner, is up 5%.