{"id":12492,"date":"2023-08-17T13:20:17","date_gmt":"2023-08-17T13:20:17","guid":{"rendered":"https:\/\/isafespend.com\/news\/5-things-to-know-before-the-stock-market-opens-thursday\/"},"modified":"2023-08-17T13:20:18","modified_gmt":"2023-08-17T13:20:18","slug":"5-things-to-know-before-the-stock-market-opens-thursday","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=12492","title":{"rendered":"5 things to know before the stock market opens Thursday"},"content":{"rendered":"
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Here are the most important news items that investors need to start their trading day:<\/em><\/p>\n<\/div>\n

1. Rocky month<\/h2>\n
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Stocks fell Wednesday for the second consecutive day as investors digested news from the Federal Reserve. The\u00a0Nasdaq Composite fell more than 1.15%, while the\u00a0S&P 500\u00a0dropped 0.76%. The\u00a0Dow Jones Industrial Average\u00a0slipped by 180.65 points, or 0.52%. August has been a rocky month for stocks, and the major averages are well in negative territory. Valuations have also been falling from their lofty heights. Follow live market updates.<\/p>\n<\/div>\n

2. Decisions, decisions<\/h2>\n
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The Federal Reserve released minutes from its latest meeting in July that showed officials are still concerned about the pace of inflation. Fed members also noted that more rate hikes could be coming unless conditions change. The Fed raised rates by a quarter percentage point at its July meeting, bringing the federal funds rate to the highest level in more than 22 years. The minutes also showed uncertainty among members, however, with some saying they thought the committee could skip a hike and see how previous efforts were affecting the economy. <\/p>\n<\/div>\n

3. Walmart earnings<\/h2>\n
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Walmart