Finance

5 things to know before the stock market opens Friday, May 14

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Here are the most important news, trends and analysis that investors need to start their trading day:

1. Stocks are set to continue to rebound from the week’s losses

Traders on the NYSE, May 3, 2021.

Source: NYSE

Futures contracts tied to major stock indexes jumped in early trading Friday as Wall Street is set to rebound for a second day after starting the week with big losses. Dow Jones Industrial Average futures climbed 150 points. S&P 500 futures gained 0.6%. Futures on the tech-heavy Nasdaq 100 Index, the relative underperformer this week, popped 1%.

All three benchmarks are still on pace to post sharp losses for the week, with the Dow down 2.2% and the S&P shedding 2.8%. Tech stocks…



Source cnbc.com

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