5 things to know before the stock market opens Friday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures are lower after release of May jobs report Traders on the floor of the NYSE, May 27, 2022. Source: NYSE Stock futures were down Friday morning, as Wall Street digested the release of May’s better-than-expected … Read more

Dan Niles explains why we are still in a bear market rally

Hedge fund manager Dan Niles believes US stocks are in a bear market and could still see further volatility ahead — despite some brief rallies. Here’s how he’s trading the bear market. US stocks have endured a torrid sell-off this year amid a troubling macro backdrop and an increasingly negative corporate outlook. Trading in US … Read more

SeatGeek terminates deal to go public with Billy Beane’s SPAC due to market volatility

General Manager Billy Beane of the Oakland Athletics. Michael Zagaris | Oakland Athletics | Getty Images Ticketing platform SeatGeek and black-check firm RedBall Acquisition Corp. decided to terminate their $1.35 billion take-public deal amid a roller-coaster market. The move was a result of current unfavorable market conditions, particularly impacting growth technology companies, according to SeatGeek … Read more