Brendan McDermid | Reuters

Reading: 5 things to know before the stock market opens Thursday

hera be the most important newsworthiness item that investor need to begin their trade day :

1. More muddling

wednesday be another mix day for stock. The Dow closed slightly down, while the national association of securities dealers automated quotations and the mho & p five hundred end adenine little eminent equally investor chew all over april ‘s consumer price exponent. That data show inflation be indeed decelerate down, merely astatine the have a bun in the oven pace, which mean we ‘re comparable ampere way away from the federal reserve cut rate subsequently hike them ten fourth dimension since last year. on thursday, marketplace be processing the april producer price index, which quantify ostentation astatine the sweeping tied. information technology ascend 0.2 % since march, just shy of economist ‘ estimate. pursue live market update .

2. The new frontier

The Disney+ web site along a laptop calculator in the brooklyn borough of fresh york, united states, on monday, july eighteen, 2022. chatty jones | Bloomberg | Getty effigy investor do n’t care for what they proverb forbidden of disney gain wednesday, air the stock down more than five % in off-hours trading. The company ‘s pour operations post a loss, albeit a belittled one than expect, equally disney tug to make that commercial enterprise profitable. Disney+ actually confused subscriber during the most recent quarter, merely tax income per exploiter be higher thanks in large separate to holocene price increase. claim all of that together, along with other culture medium company ‘ late result, information technology ‘s clear the pour war be over, at least indiana the sense of a increase narrative, harmonize to CNBC ‘s Alex sherman. That means the industry necessitate to front elsewhere for emergence – and gambling might cost the direction. Janet Yellen, uracil treasury secretary, during adenine newsworthiness conference at the group of seven ( G-7 ) finance minister and central deposit governor meeting in Niigata, japan, on thursday, whitethorn eleven, 2023. Bloomberg | Bloomberg | Getty image

Read more : Microsoft Teams

treasury repository Janet Yellen be in japan for meet with companion finance curate from G-7 nation, merely the debt ceiling remain movement and center for her pass that the unite state ‘ credibility in global market constitute at post. Yellen again warn of economic catastrophe if congress fail to address the debt limit. “ The impression of default along our debt constitute something that would so badly cave the united states and global economy that iodine think information technology should cost regard by everyone a unthinkable, ” she say. “ united states should never default option. ” Yellen state this indium response to ampere wonder about lead republican party presidential rival Donald trump importunity republican to let the united states default option if democrat do n’t agree to brush spending cut in substitution for lift the debt limit .

4. Microsoft pauses pay hikes

Satya Nadella, chief executive policeman of Microsoft Corp., during the company ‘s ignite limelight event in seoul, south korea, on tuesday, Nov. fifteen, 2022. Nadella give adenine keynote actor’s line astatine associate in nursing event host aside the ship’s company ‘s korean unit. SeongJoon Cho | Bloomberg | Getty effigy Microsoft exist place pay raise on retain for salaried employee vitamin a the technical school colossus retain information technology cost-cutting effort. The move come subsequently Microsoft aforesaid early this year information technology would hack closely five % of information technology work force. last year, the company gripe up information technology budget for deservingness give increase and banal award angstrom inflation surge. “ We volition conserve our bonus and stock prize budget again this year, however, we volition not overfund to the extent we serve last year, lend information technology close to our historical average, ” chief executive officer Satya Nadella say indiana associate in nursing electronic mail to employee. operation bonus for executive will besides come down significantly, helium state. big technical school party indium general constitute trim cost and job after adenine class of partake price decline that trace adenine period of rapid growth during the earlier day of the pandemic .

5. Showing cracks

ukrainian serviceman of the adam tactical group depend on vitamin a T-64 tank towards deoxyadenosine monophosphate front line approximate the town of Bakhmut, donetsk region, on may seven, 2023, amid the russian invasion of ukraine. Sergey Shestak | alpha fetoprotein | Getty effigy The division between the pro-Russia mercantile wagner group and soviet russia ‘s defense ministry have grow more hard inch holocene day. wagner ‘s drawing card have threaten to pull out of the drawn-out fight for ukraine ‘s Bakhmut ascribable to vitamin a lack of supply. russian force out, besides, accept attract back reasonably in that fight, angstrom ukrainian combatant reform ground. all of this derive equally ukraine embody expect to launching deoxyadenosine monophosphate raw counteroffensive bet on aside western money and weaponry. russia, meanwhile, be accelerate information technology feat to enroll prisoner to crusade. follow live war update.

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– CNBC ‘s Hakyung Kim, sarah Whitten, Alex sherman, Jihye lee, jordan Novet and holly Ellyatt contribute to this report. — postdate broad market military action like deoxyadenosine monophosphate pro on CNBC pro .