5 things to know before the stock market opens Thursday, Oct. 7


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

1. Dow set to jump as optimism builds for a debt celling deal

Traders on the floor of the New York Stock Exchange, Oct. 6, 2021.

Brendon McDermid | Reuters

2. Bond yields rose following before-the-bell jobless claims data

A career fair in Louisville, Kentucky, on June 23, 2021.

Luke Sharrett/Bloomberg via Getty Images

3. McConnell wants to give Dems time to act alone on debt ceiling

Senate Minority Leader Mitch McConnell, a Republican from Kentucky, speaks during a news conference following Senate Republican policy luncheons at the U.S. Capitol in Washington, D.C., on Tuesday, Sept. 14, 2021.

Stefani Reynolds | Bloomberg | Getty Images

4. Biden to tout Covid vaccine mandates for large companies

US President Joe Biden speaks about the bipartisan infrastructure bill and his Build Back Better agenda at the International Union of Operating Engineers Training Facility in Howell, Michigan, on October 5, 2021.

Nicholas Kamm | AFP | Getty Images

President Joe Biden on Thursday is set to visit Chicago to meet with United Airlines’ CEO and local Democratic leaders as he touts his decision to impose Covid vaccine mandates on employees of large firms. Biden last month ordered all federal workers and contractors to be vaccinated, with few exceptions. For private employers with 100 or more workers, he proposed requiring employees to be vaccinated or tested weekly. Meanwhile, Pfizer said Thursday it asked the Food and Drug Administration to authorize its Covid vaccine with BioNTech for kids ages 5 to 11.

5. George Soros’ fund owns ‘some’ bitcoin, CEO of the fund confirms

Hungarian-born US investor and philanthropist George Soros delivers a speech on the sideline of the World Economic Forum (WEF) annual meeting, on January 23, 2020 in Davos, eastern Switzerland.

Fabrice Coffrini | AFP | Getty Images



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