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5 things to know before the stock market opens Thursday, Jan. 13

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Investors need the following news, analysis and trends to help them start trading:

1. Wall Street appears flat following Nasdaq’s three-day win streak

Traders are seen working on the New York Stock Exchange’s floor (NYSE), in New York City, 12 January 2022.

Brendan McDermid | Reuters

U.S. stock futuresThe inflation numbers were unchanged on Thursday, ahead of an expected hot report. The NasdaqThe t factor led to a Wednesday increase in the market.ech stocks reboundingThe third session is complete. The Dow Jones Industrial AverageAnd the S&P 500Gains were made for the second consecutive day, each closing Wednesday 1.5% below last week’s record closes. Still, the Nasdaq needs to recover from recent losses. It closed Wednesday at 5.4% below its November record close.

  • A global asset management firm that can look ahead TPGIt will debut on Nasdaq Thursday morning. pricingIts initial public offering was at $29.50 per shares, which is in the middle of its expected range.
  • ModernaCovid’s vaccine trials that involved children between 2 and 5 years of age, are expected to be reported by March. If it is positive, the company will then apply for an emergency vaccine approval.

2. Delta Air Lines Reports Strong Earnings, Revenue; Shares Rise

Delta Air Lines aircraft at Hartsfield-Jackson Atlanta International Airport, ATL in Atlanta, Georgia (USA) on Tuesday Dec. 21, 2021.

Elijah Nouvelage | Bloomberg | Getty Images

Delta Air LinesThe premarket saw shares rise nearly 2.5% following the announcement that the airline posted the highest quarterly revenue since late 2019. This was a higher-than-expected 9.47 billion for the fourth quarter. Due to stronger holiday bookings, and increased business travel, earnings of 22 cents per shares beat expectations. Delta claimed it anticipates a quarter-end loss. The airline blamed the Covid Omicron variant, which has higher prices and less bookings than expected. But, Delta still expects that travel demand will rebound in the future and it will make profits this year.

3. Expect more inflation; steady jobless claims

At 8:30 AM, the Labor Department will also release its Thursday look at initial jobless claims. ET the Labor Department will publish its Thursday review of initial jobless claims. According to economists, there will be 200,000 new claims for unemployment benefits in the week ending Jan. 8. It would also be lower than the previous week which had data well anchoredIt’s around the same level as before the Covid epidemic, which saw new claims of around 215,000.

4. Senate panel will hold an hearing about Brainard’s nomination for Fed vice chair

U.S. Federal Reserve board member Lael Brainard speaks after she was nominated by U.S. President Joe Biden to serve as vice chair of the Federal Reserve, in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., November 22, 2021.

Kevin Lamarque | Reuters

The Senate Banking Committee holds a confirmation hearing10.30 a.m. ET Thursday, to discuss Federal Reserve Governor Lael BrainardNomination of Brainard to serve as the Fed’s next vice-chair. Brainard stated in prepared remarks that controlling inflation of decades high is “the most important task” for central bankers. Brainard’s prepared remarks were in line with the Fed Chairman’s monetary policies script. Jerome PowellOn Tuesday, he was confirmed for another term. He indicated that the Fed will take whatever measures are necessary to make sure inflation does not rise from the current levels to the central bank’s target of 2.2%.

5. Biden highlights federal response against omicron flood

U.S. president Joe Biden speaks on voting rights in a speech he delivered on the grounds at Morehouse College and Clark Atlanta University, Atlanta, Georgia. January 11, 2022.

Reuters| Reuters

President Joe BidenHe plans to give remarks on Thursday regarding his government’s surge response to spiked Covid cases caused by the contagious Omicron variant. Biden will speak out about the efforts of the federal government to deploy military medical personnel to hospitals affected by Covid cases. Six additional military medical units will be sent to New Jersey, New Mexico and New York.

— Reuters and The Associated Press contributed to this report. All market actions can be followed like a pro. CNBC Pro. The latest information on pandemics is available here CNBC’s coronavirus coverage.

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