5 things to know before the stock market opens Thursday - CNBC

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Traders enactment connected the level of the New York Stock Exchange.

NYSE

Here are the astir important quality items that investors request to commencement their trading day:

1. Weathering a engaged week

Markets don't look overmuch clearer present that we're implicit the hump successful a engaged net week. The 3 large indices had a mixed Wednesday. The Dow posted a fourth-consecutive winning session, conscionable barely, portion the Nasdaq and S&P 500 snapped their three-day winning streaks. Thursday greeting futures didn't look truthful clear-cut, either. Investors are mostly chewing implicit outlooks from respective Big Tech net that person already reported this week, including Microsoft, Alphabet and Meta (more connected that 1 below). Two much biggies are coming Thursday, too, arsenic Apple and Amazon are acceptable to study aft the bell. There's different Fed gathering adjacent week, arsenic well, which means different large complaint hike is connected the mode (see below). Read unrecorded marketplace updates here.

2. If a banal falls successful the metaverse ...

Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual world (VR) headset and Oculus Touch controllers during the Oculus Connect 3 lawsuit successful San Jose, California, U.S., connected Thursday, Oct. 6, 2016.

David Paul Morris | Bloomberg | Getty Images

... tin you inactive suffer wealth connected it? You bet. Wall Street had debased expectations for Meta's quarterly earnings, and Meta surpassed them, on the incorrect side, sending the banal down 20% successful off-hours trading. The Facebook genitor institution missed severely connected profit, arsenic did its mean gross per user, and gross declined for 2 consecutive quarters. What's worse is that Meta expects different gross diminution successful the existent quarter, issuing guidance that was mostly little than what analysts were projecting. The advertizing situation is rough, arsenic we've already seen with Alphabet and Snap, and Meta is feeling the pinch, too. Beyond that, CEO Mark Zuckerberg plans to support spending big connected the metaverse contempt that portion of the business, Reality Labs, losing $9.4 cardinal already this year, with much losses to travel – arsenic its gross shrinks.

3. Missiles deed Kyiv

This photograph shows The Independence Square successful Kyiv during a rolling blackout of parts of districts of the Ukrainian superior pursuing rocket attacks past 2 weeks to captious infrastructures, connected October 24, 2022, amid the Russian penetration of Ukraine.

Sergei Supinsky | AFP | Getty Images

Russian missiles again struck the Ukrainian superior of Kyiv, arsenic Vladimir Putin presses his violative from the entity portion his forces effort to regroup connected the ground. The Russians besides pounded the Zaporizhzhia region, which is location to the largest atomic powerfulness works successful Europe. Meanwhile, a apical Russian authoritative warned that the Kremlin's forces could people U.S. commercialized satellites, which person already supplied imagery of Russia's troops and formations. Read unrecorded warfare updates here.

4. Powell nether pressure

U.S. Federal Reserve Board Chairman Jerome Powell departs aft holding a quality league aft Federal Reserve raised its people involvement complaint by three-quarters of a percent constituent successful Washington, September 21, 2022.

Kevin Lamarque | Reuters

It's conscionable nether 2 weeks until Election Day, erstwhile Americans volition determine the equilibrium of powerfulness successful Congress. The system is again voters' apical interest arsenic Covid worries person waned and prices person surged astatine levels not seen successful 4 decades. The Federal Reserve has had small luck truthful acold slowing down ostentation with its large involvement complaint hikes, adjacent arsenic critics pass that the cardinal bank's actions endanger a recession. And present 1 of the Senate's apical Democrats, Sherrod Brown of Ohio, is warning Fed Chairman Jerome Powell that the Fed's actions could pb to occupation losses. "It is your occupation to combat inflation, but astatine the aforesaid clip you indispensable not suffer show of your work to guarantee that we person afloat employment," Brown wrote to Powell. The Fed is expected to denote different three-quarter-point complaint hike astatine adjacent week's meeting, conscionable days earlier the election.

5. Sink oregon aquatics time

Elon Musk's Twitter illustration is seen connected a smartphone placed connected printed Twitter logos successful this representation illustration taken April 28, 2022.

Dado Ruvic | Reuters

Elon Musk connected Wednesday showed up astatine Twitter office with a descend successful his hands, beauteous overmuch conscionable truthful helium could marque a "let that descend in" pun on, you guessed it, Twitter. All signs are pointing toward the billionaire Tesla CEO closing his $44 cardinal woody to instrumentality the societal media institution backstage conscionable successful clip for Friday's court-appointed deadline. Musk's takeover volition reason a monthslong saga that included him striking the woody for $54.20 a share, walking distant from it and Twitter suing him to decorativeness the deal. Now the question becomes, what volition Musk really bash with Twitter? We'll conscionable person to spot what the self-described "Chief Twit" has successful store.

– CNBC's Samantha Subin, Jonathan Vanian, Natasha Turak, Jeff Cox and Lauren Feiner contributed to this report.

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