Finance

5 things to know before the stock market opens Thursday, May 13

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

1. Dow is set to extend sell-off with futures falling again

Traders on the floor of the New York Stock Exchange.

Source: NYSE

The blue-chip Dow Jones Industrial Average is slated to extend Wednesday’s steep losses after higher-than-forecast consumer prices prompted investors to dump risk assets.

Dow Jones Industrial Average futures fell about 90 points. Nasdaq futures and those tied to the S&P 500 erased earlier losses and traded in the green.

In the previous session, the 30-stock Dow fell more than 600 points, clinching its worst day since January. The S&P 500 lost 2.1%, its biggest…



Source cnbc.com

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