5 things to know before the stock market opens on Wednesday, October 9th

Here are five important things investors need to know to start their trading day.

Stocks rose on Tuesday as investors looked for a so-called soft landing, a sign that the Federal Reserve will rein in inflation without damaging the economy. of S&P500 It rose by nearly 1% on the day. Nasdaq Composite rose about 1.5%, Dow Jones Industrial Average It increased by 0.3%. A better-than-expected September jobs report strengthened hopes that the economy could withstand anti-inflationary policies after the Federal Reserve cut interest rates by 0.5 percentage point last month. Market participants will learn more about the Fed’s thinking when the central bank’s latest meeting minutes are released on Wednesday. Follow live market updates here.

The Department of Justice suggested that I’m thinking of breaking up alphabetWeeks after a U.S. judge ruled that the company has a monopoly in the search market, the Department of Justice announced that its recommendations for Google’s search engine business included “contractual requirements and prohibitions,” “This may include non-discrimination product requirements, data and interoperability requirements, and structural requirements.” Additionally, “Google uses products such as Chrome, Play, and Android to use Google Search and Google Search-related products and features, including new search access points and features such as artificial search access points and artificial search. We are considering behavioral and structural remedies to prevent this from happening.” Possess superior intelligence over rivals and new entrants. ” A ruling on the remedy could take place until next year, and an appeal by Google could prolong the process. LeeAnne Mulholland, Google’s vice president of regulation, called the proposal “radical” and said it would have “unintended consequences” for consumers.

A bipartisan group of more than a dozen state attorneys general is suing the social media app TikTok over its impact on children and young adult users. Officials have accused the company of harming children’s mental health by keeping them addicted to the app and of operating an illegal money transfer business. A TikTok spokesperson said in a statement that the company disagrees with the claims and provides appropriate protections for its young users. The charges come after TikTok’s lawyers argued in a federal appeals court in September that a new law would ban the app by January 19 unless China-based owner ByteDance finds a buyer for the company outside China. This happened after he claimed that the law was unconstitutional.

boeingNegotiations with the striking workers have so far stalled. The company withdrew its contract offer to the approximately 33,000 machinists who have been on strike since mid-September, adding that further negotiations were “pointless at this time.” Boeing said its union was not considering contract wage increases in talks this week, but the International Federation of Machinists and Aerospace Workers said the company rejected improvements to wages, vacation and sick leave. said. As the strike drags on, Boeing, already reeling from years of mismanagement, will find itself in even more trouble.

— CNBC’s Jeff Cox, Leslie Josephs, Spencer Kimball, Jennifer Elias and Dan Mangan contributed to this report.