February 1, 2023

Brad Marolf

Business & Finance Wonders

5 things to know before the stock market opens Friday, Sept. 10

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

1. Dow, S&P 500 set to bounce after four sessions of losses

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 23, 2021.

Michael Nagle | Bloomberg | Getty Images

2. Covid mortgage bailouts expiring fast, but foreclosure crisis unlikely

GeorgePeters | Getty Images

3. Biden outlines plan to mandate Covid vaccines for millions

US President Joe Biden delivers remarks on plans to stop the spread of the Delta variant and boost Covid-19 vaccinations at the State Dinning Room of the White House, in Washington, DC on September 9, 2021.

Brendan Smialowski | AFP | Getty Images

An exasperated President Joe Biden outlined a broad plan Thursday to boost Covid vaccination rates in the U.S., pressuring private employers to immunize their workforces as well as mandating shots for federal employees, contractors and health-care workers. The president’s moves were supported by the American Medical Association, the National Association of Manufacturers and the Business Roundtable. However, the Republican National Committee intends to sue the Biden administration over the mandate. Also on Thursday, the Transportation Security Administration said it’s doubling fines for travelers who won’t follow federal mask mandates.

4. China’s Xi, Biden hold second phone call of new U.S. administration

Chinese President Xi Jinping speaks during the unveiling of the Communist Party’s new Politburo Standing Committee on October 25, 2017 in Beijing, China.

Lintao Zhang | Getty Images News | Getty Images

5. Fed presidents Kaplan, Rosengren to sell individual stock holdings

Robert Kaplan at Jackson Hole, Wyoming

David A. Grogan | CNBC