Stock Groups

5 things to know before the stock market opens Tuesday, Jan. 18


These are the top news, trends, and analyses that traders need in order to get started with trading.

1.Nasdaq to fall as long and short bond yields rise

At the New York Stock Exchange’s closing bell on January 14th, 2022 in New York City, a trader is working.

AFP | AFP | Getty Images

2. Activision booms following Microsoft’s purchase of the videogame giant

Gamer playing the videogame ‘Call of Duty: Black Ops,’ created by Treyarch. Published by Activision in the ‘Paris Games Week’ on October 25, 2018, Paris, France.

Chesnot| Getty Images

MicrosoftVideo game giants will be bought Activision BlizzardIn a $68.7 Billion all-cash transaction. Activision is the maker of popular games franchises like “Call of Duty.” Activision is currently embroiled in scandal after allegations of misconduct and sexual harassment against company employees. Activision shares rose by 37% during premarket trading before the Wall Street Journal reported that the deal was canceled. Microsoft shares plunged more than 2 percent after the announcement.

3. Goldman Sachs fails to report quarterly earnings. Shares sink

On Wednesday, May 19, 2010, a Goldman Sachs Group Inc. logo was displayed on the New York Stock Exchange floor in New York.

Bloomberg | Bloomberg | Getty Images

The Dow stock continued to rise Tuesday morning as bank earnings continue Goldman SachsReporting a fourth quarter earnings missAs operating expenses increased 23% over a previous year, Shares in the company fell by 2.8% on the premarket. Estimates were higher than actual revenue of $12.64 million. Friday’s revenue was $12.64 billion. JPMorgan Chase,Also a Dow component it launched the quarterly reporting season. Its stock fell in the premarket after it closed down 6%, despite better than expected quarterly earnings and revenues. JPMorgan’s Chief Financial Officer stated the company would likely missThis will be a major profit goal for the next two-years.

4. After the attack in UAE, oil prices reached their highest level for seven years.

The aftermath of a deadly attack by Yemeni rebels on an oil facility located in Abu Dhabi’s capital city of the United Arab Emirates was captured by satellite photos taken by the Associated Press Tuesday. Planet Labs PBC photos show smoke rising from Abu Dhabi National Oil Co.’s fuel depot at Mussafah, Abu Dhabi. The images were analyzed by Associated Press on Tuesday Jan. 17, 2022.

Planet Labs via AP

U.S. and International Oil Prices hit more than seven-year highsTuesday was the second day that the United Arab Emirates pledged to respond against Yemen’s Iran aligned Houthi terrorist group, following Monday’s attack on Abu Dhabi. The UAE, which pumps just less than 4,000,000 barrels per day, is the third-largest oil-producing OPEC member and seventh largest world oil producer. Overnight, West Texas Intermediate crudeBefore trimming these gains, the price of a barrel rose more than 2% and reached $85.56.

5. BlackRock’s Fink defends BlackRock’s Annual Letter and Delivers Stock Market Call

Laurence Fink, chief executive officer and chairman of BlackRock.

Chris Goodney | Bloomberg | Getty Images

BlackRockThe CEO Larry FinkThe asset manager had been accused of using his influence and heft to promote a political correct agenda. It isn’t about politics. It’s not about a political or social agenda. Fink explained in his blog that this is not “woke”. annual letterTo corporate leaders, Monday’s release. Fink reiterated these sentiments in an interview with CNBC that ran Tuesday. According to Fink, he views the shape of the yield curve in bonds as a sign of what stocks are going to do with an aggressive Federal Reserve over the next two year.