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

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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…



Source cnbc.com

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