HomeBusiness5 things to know before the stock market opens Friday, July 8

5 things to know before the stock market opens Friday, July 8

Traders on the floor of the NYSE, July 6, 2022.

Source: NYSE

Here are the most important news items that investors need to start their trading day:

1. Can stocks stay on a winning streak?

The S&P 500 has posted gains for four straight trading days heading into Friday’s session, offering investors glimmers of hope that equities could be rebounding in earnest after the worst first half for stocks in more than five decades. Futures were largely flat before Friday’s session, as traders anticipated the June jobs report, scheduled to be released at 8:30 a.m. ET.

2. Jobs report in focus

A man walks past a “We’re Hiring” sign posted in Arlington, Virginia on June 3, 2022.

Olivier Douliery | AFP | Getty Images

Observers expect a strong employment report for June, even as the U.S. contends with surging prices and a potential recession. Economists expect the data to show that the economy added about…

Read more at www.cnbc.com

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