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Business5 things to know before the stock market opens Monday, Oct. 25

5 things to know before the stock market opens Monday, Oct. 25

Here are the most vital information, developments and evaluation that traders want to begin their buying and selling day:

1. Dow set to rise barely after Friday’s document shut

Traders work on the ground of the New York Stock Exchange (NYSE) on October 15, 2021 in New York City.

Spencer Platt | Getty Images

2. Bitcoin resumes march excessive after final week’s all-time excessive

3. Facebook reportedly vexed internally about right-leaning content

Facebook logo and stock graph are displayed through broken glass in this illustration taken October 4, 2021.

Dado Ruvic | Reuters

Shares of Facebook, following Friday’s 5% decline, fell less than 1% in premarket trading. The social network continued to be embroiled in controversy, with a Wall Street Journal report Monday morning detailing inner arguments over the dealing with of right-leaning content material. Also Monday, former Facebook knowledge scientist turned whistleblower Frances Haugen plans to answer questions from U.Ok. lawmakers engaged on laws to rein in the energy of social media corporations. It can be Haugen’s second look before lawmakers after she testified in the U.S. Senate earlier this month.

4. Big Tech, extra Dow shares lead this week’s earnings

5. Manchin reportedly agreeable to wealth tax for Biden plan

Sen. Joe Manchin (D-WV) speaks to reporters outside of the U.S. Capitol on September 30, 2021 in Washington, DC.

Kevin Dietsch | Getty Images

Holdout Sen. Joe Manchin, D-W.Va., appears to be on board with White House proposals for new taxes on billionaires and certain corporations to help pay for President Joe Biden’s scaled-back social services and climate change package, according to The Associated Press. Biden huddled with Manchin and Senate Majority Leader Chuck Schumer, D-N.Y., at the president’s Delaware house Sunday to work on resolving the occasion disputes between centrists and progressives which have stalled the wide-ranging invoice.

— The Associated Press contributed to this report. Follow all the market motion like a professional on CNBC Pro. Get the newest on the pandemic with CNBC’s coronavirus protection.


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