5 things to know before the stock market opens Thursday
Publishing timestamp: 2023-01-05 12:18:45
Summary
U.S. stock markets had a positive session on Wednesday, but investors were considering new job openings data and Fed minutes. Amazon plans to lay off more than 18000 employees, far more than initially expected. The Federal Reserve released minutes from its December policy-setting meeting, indicating that restrictive policy stance would need to be maintained until inflation was on a sustained downward path. Cox Communications will join its publicly traded rivals in offering nationwide mobile service. The House of Representatives is still without a speaker, as a small faction of hard-right lawmakers continue to vote against Kevin McCarthy.
Sentiment: NEUTRAL
Keywords: investment strategy, amazon.com inc, business, business news, markets, salesforce inc, economy,