5 things to know before the stock market opens Friday, Jan. 7

5 things to know before the stock market opens Friday, Jan. 7


Listed here are crucial information, traits and evaluation that buyers want to start out their buying and selling day:

1. Futures fell on weaker jobs development; yields up on decrease unemployment fee

Merchants work on the ground of the New York Inventory Change (NYSE) in New York Metropolis, January 6, 2022.

Brendan McDermid | Reuters

2. Hiring in December stumbles with only 199,000 positions created

A sign sits in front of a job fair for employees who are not vaccinated against the coronavirus disease (COVID-19) in Temecula, California, U.S., December 4, 2021.

Denis Poroy | Reuters

Investors are picking through the numbers to see if they might impact the Federal Reserve’s plans to tighten monetary policy to tamp down price pressures. The stock market took a big hit Wednesday after minutes from the Fed’s December meeting revealed preparations for a balance sheet reduction, in addition to planned interest rate hikes and an accelerated tapering of bond purchases.

3. GameStop soars on reports that it plans to get into crypto

Pedestrians pass in front of a GameStop retail store in New York, December 23, 2021.

Scott Mlyn | CNBC

4. Moderna CEO says another Covid booster shot may be needed

An image of Stéphane Bancel of Moderna Therapeutics from a company video.

Source: Moderna Therapeutics

5. Supreme Court to consider vaccine rules affecting over 80 million

The U.S. Supreme Court building is seen at sunset in Washington on Thursday, Dec. 2, 2021.

Bill Clark | CQ-Roll Call, Inc. | Getty Images

The Supreme Court on Friday will take up two major Biden administration efforts to bump up the nation’s Covid vaccination rates at a time of spiking coronavirus cases due to the omicron variant. The justices on the conservative-dominated court are set to hear arguments about whether or not to permit the administration to implement a vaccine-or-testing requirement for big employers and a separate vaccine mandate for many health-care employees. The eventual end result on the excessive court docket will most likely decide the destiny of vaccine necessities affecting greater than 80 million individuals.

— The Related Press contributed to this report. Comply with all of the market motion like a professional on CNBC Professional. Get the most recent on the pandemic with CNBC’s coronavirus protection.



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