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5 things to know before the stock market opens Friday, May 21

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

1. Stocks set for more gains after halting 3-day losing streak

Traders working at the New York Stock Exchange (NYSE), on May 19, 2021.

NYSE

U.S. stock futures pointed to a second straight day of gains on Wall Street, one day after a rebound rally halted a three-session losing streak. The Nasdaq on Thursday shot up nearly 1.8%, pulling the tech-heavy index into positive territory for the week. Ahead of Friday trading, the Dow Jones Industrial Average and S&P 500 were still lower for the week, despite Thursday’s more than 0.5% and 1% respective advances. Tesla, chip stocks and other…



Source cnbc.com

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