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5 things to know before the stock market opens January 17, 2020


1. Wall Street set to open with more records

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2020.

Brendan McDermid | Reuters

U.S. stock futures were pointing to more records at Friday’s open on Wall Street after the Dow Jones Industrial Average, S&P 500 and Nasdaq closed Thursday at record highs. The 18-month U.S.-China trade war, which saw some deescalation this week with the signing of a “phase one” deal, has taken its toll on the Chinese economy. Gross domestic product there grew in 2019 by the slowest rate in nearly 30 years. The 6.1% print last year matched estimates. It was down from 2018’s 6.6% advance. Beijing’s official growth target…


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