5 things to know before the stock market opens on Friday | Wilnesh News

Here are the most important news investors need to start their trading day:

Investors are hoping for a strong performance in the stock market during the holiday-shortened week. Despite thin trading, all three major U.S. stock indexes posted gains this week. this S&P 500 Index has risen 1.8%, Dow Jones Industrial Average rose 1.1%, Nasdaq Index rose 2.3%. The move follows a strong performance in the tech-heavy index throughout the month. The Nasdaq is up 4.2% so far in December, while the S&P is up 0.1% and the Dow is down 3.5%. Follow real-time market updates.

Nippon Steel said it has The deadline for the $14.9 billion acquisition of U.S. Steel has been pushed back as President Joe Biden decides whether to allow the deal to go through. The Japanese company changed the date for completing the acquisition to the first quarter of 2025 from the third or fourth quarter of this year. On Monday, a committee that oversees foreign acquisitions in the United States referred a decision on whether to block the deal to President Joe Biden, giving him 15 days to make a decision. Biden, the United Steelworkers and some politicians have expressed concerns about the company’s foreign ownership.

Holiday shopping could have long-lasting effects on many consumers. Thirty-six percent of Americans A LendingTree survey shows they’re deep in debt this holiday season. The average balance among these people is $1,181, up from $1,028 in 2023.

Airlines have experienced door panels being blown away at the beginning of this year boeing company The plane is Alaska Airlines flight. The headlines didn’t slow down. this JetBlue Airways– Spirit merger blocked, Spirit filing for bankruptcy, technology meltdown affecting travel days. At the same time, airlines strive to prove themselves as the best airlines. Click here to learn more about an eventful 2024 for airlines.

advertising executive The market is expected to stabilize next year, especially for companies coveting sports rights. According to one study, the global advertising industry is expected to grow by 7.7%, with revenue exceeding $1 trillion for the first time by 2025 (excluding U.S. political advertising). recent reports From GroupM, the media investment group under WPP. Even so, advertisers may still be selective about their budgets and prioritize live events like sporting events and award shows.

– CNBC’s Pia Singh, Lorie Konish, Leslie Josephs and Lillian Rizzo contributed to this report.