scorecard
  1. Home
  2. stock market
  3. news
  4. 10 things you need to know before the opening bell

10 things you need to know before the opening bell

Harry Robertson   

10 things you need to know before the opening bell
Stock Market1 min read

Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning.

Here's what you need to know before markets open.

1. US stocks set to open lower as investors brace for slew of big earnings and bubble jitters hit Asia. Asian stocks slid overnight while the dollar rose on Tuesday.

2. Top Swiss bank UBS crushes expectations with 54% rise in 4th-quarter net profit. Income from wealthy clients jumped as financial markets recovered.

3. UK unemployment hits highest level in 5 years, but government support limits pain during new COVID lockdowns. The UK's furlough scheme is keeping joblessness below US levels.

4. GameStop short-sellers lost $1.6 billion in a single day, as Reddit traders rebelled against them. Amateur and institutional investors continued to lock horns.

5. The risk of a stock market correction is increasing as resistance levels come into play, BofA says. The bank said a number of technical indicators mean investors should "take some profits".

6. From AMC to Bed Bath & Beyond, the market's most-shorted stocks are rallying as Reddit day-traders pile in. More on the impact that very enthusiastic amateurs are having on the market.

7. A huge earnings week is getting started. Microsoft, Verizon and Johnson & Johnson are just some of today's big names.

8. On the data docket. US API crude oil stocks and consumer confidence will have the attention of traders.

9. Raymond James' investment chief breaks down his prediction for the market's trajectory in 2021. Larry Adam shares the 5 sectors he's most bullish on - and why he thinks tech stocks are just getting started.

10. We spoke to the founder of SPAC ETF that grew to $60 million in assets within a month of launch. Its founder breaks down how to pick blank-check firms - and shares 3 to watch in 2021.

READ MORE ARTICLES ON


Advertisement

Advertisement