{"id":534725,"date":"2026-07-10T13:50:07","date_gmt":"2026-07-10T13:50:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/534725\/"},"modified":"2026-07-10T13:50:07","modified_gmt":"2026-07-10T13:50:07","slug":"5-things-to-know-before-the-stock-market-opens-friday-3","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/534725\/","title":{"rendered":"5 things to know before the stock market opens Friday"},"content":{"rendered":"

This is CNBC’s Morning Squawk newsletter.\u00a0Subscribe here<\/a>\u00a0to receive future editions in your inbox.<\/p>\n

Happy Friday. Tune in to “Squawk on the Street” at 11 a.m. ET for an interview with FCC Chairman Brendan Carr as his agency’s investigation of ABC’s “The View” continues. Watch live on CNBC or CNBC+.<\/a><\/p>\n

Stock futures<\/a> are mixed this morning. The Nasdaq Composite<\/a> and S&P 500<\/a> are both on track for a winning week.<\/p>\n

Here are five key things investors need to know to start the trading day:<\/p>\n

1. Chips do the heavy lifting<\/p>\n

Alexsl | Istock Unreleased | Getty Images<\/p>\n

Wall Street got a lift yesterday from chipmakers, which rallied across the board to push all three major averages to close higher. Micron<\/a> led the way with a 4.5% gain in Thursday’s session after announcing plans to invest billions more<\/a> in the U.S. supply chain.<\/p>\n

Here’s what else is going on in the tech trade:<\/p>\n

South Korean chipmaker SK Hynix<\/a> is expected to make its Nasdaq debut today<\/a> after raising roughly $26.5 billion in an oversubscribed U.S. offering. The company is a leading maker of computer memory that is used in products from tech giants such as Apple<\/a>.Meta<\/a> on Thursday debuted Muse Spark 1.1<\/a>, an upgraded version of its AI model aimed at coding and software tasks, as it looks to catch up to OpenAI, Anthropic and Google<\/a>. Shares of Meta closed the trading session nearly 5% higher.OpenAI CEO Sam Altman, meanwhile, told CNBC that the company’s newest model is 54% more token efficient<\/a> on agentic coding. The AI startup released\u00a0its latest suite of models on Thursday.Hours later, Fidji Simo, OpenAI product and business chief, announced she is stepping down<\/a> from her role at the company due to\u00a0a “severe exacerbation of a chronic illness.”Chip stocks are lower before the bell following the sector’s Thursday rally. <\/a>Follow live market updates here.<\/a>2. Outside help<\/p>\n

US Federal Reserve Chair Kevin Warsh speaks during his first news conference since taking the helm at the central bank on June 17, 2026 in Washington, DC.<\/p>\n

Chen Mengtong | China News Service | Getty Images<\/p>\n

Meet Federal Reserve Chairman Kevin Warsh’s new brain trust.<\/p>\n

Warsh on Thursday released the names of the experts<\/a> who will serve on five task forces charged with examining the central bank’s operations. Some notable names include venture capitalist Marc Andreessen, Xbox CEO Asha Sharma, former White House Council of Economic Advisers Chairman Greg Mankiw and former Walmart<\/a> CEO Doug McMillon. As CNBC’s Matt Peterson<\/a> writes, the members of the AI-focused task force appear to share Warsh’s bullish stance<\/a> on the new technology.<\/p>\n

In other Fed-AI news, Anthropic has appointed former Fed Chair Ben Bernanke<\/a> to its Long-Term Benefit Trust, the independent body that advises the company and appoints its board members. Anthropic said Bernanke will help it understand “how AI is changing the economy.”<\/p>\n

3. Delta’s travel checkup<\/p>\n

Boarding1now | Istock Editorial | Getty Images<\/p>\n

Delta Air Lines<\/a> kicked off major U.S. airlines’ second-quarter earnings season with a beat on the top and bottom lines<\/a> this morning, reaffirming its earnings forecast for the year.<\/p>\n

CEO Ed Bastian told CNBC that the carrier expects to hold on to its pricing power as it passes higher fuel costs onto consumers, predicting ticket fares and demand will stay strong. Delta passed about 60% of its higher fuel bill onto its consumers this quarter, Bastian said, adding that the number should approach 100% in the current period.<\/p>\n

Get Morning Squawk directly in your inbox4. Traffic report<\/p>\n

Commercial vessels remain anchored off Port Sultan Qaboos around Qaboos Port on June 21, 2026 in Muscat, Oman.<\/p>\n

Elke Scholiers | Getty Images News | Getty Images<\/p>\n

Oil prices fell on Thursday, but the Strait of Hormuz remains a pressure point.<\/p>\n

Tanker traffic through the strait slowed sharply<\/a> after Iranian attacks on commercial ships triggered renewed attacks from the U.S. Thirteen tankers crossed the strait on Wednesday, according to Kpler. An average of 33 ships per day crossed the key sea lane in the previous week.<\/p>\n

Just five commercial ships crossed from Wednesday overnight into Thursday, according to data from Windward, but no outbound tankers crossed the strait during that period.<\/p>\n

5. Now arriving: DJT<\/p>\n

A welcoming sign at President Donald J. Trump International Airport in West Palm Beach, Florida, July 9, 2026.<\/p>\n

Marco Bello | Reuters<\/p>\n

Speaking of airlines, Palm Beach International Airport officially became President Donald J. Trump International Airport<\/a> yesterday. <\/p>\n

The South Florida airport’s code is set to change from PBI to DJT on Aug. 18. The renaming, brought about by legislation signed by Florida Gov. Ron DeSantis earlier this year, is expected to cost about $5.5 million, according to the airport.<\/p>\n

The airport is frequently used by the president and his family when they travel to his nearby Mar-a-Lago club. Trump’s son Eric Trump said the private jet owned by the Trump Organization, known as “Trump Force One,” was the first plane to land at the airport under its new name.<\/p>\n

The Daily Dividend<\/p>\n

Here are a few stories we recommend making time for this weekend:<\/p>\n

\u2014 CNBC’s Sean Conlon, Lee Ying Shan, Sarah Min, Joseph Wilkins, Justina Lee, Tanaya Macheel, CJ Haddad, Kif Leswing, Katie Tarasov, Jonathan Vanian, Ashley Capoot, Jeff Cox, Matt Peterson, Leslie Josephs, Spencer Kimball and Michele Luhn contributed to this report.<\/p>\n

Josephine Rozzelle edited this edition.<\/p>\n

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"This is CNBC’s Morning Squawk newsletter.\u00a0Subscribe here\u00a0to receive future editions in your inbox. Happy Friday. Tune in to…\n","protected":false},"author":2,"featured_media":534726,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[178109,10387,1684,93022,940,243810,7148,938,114,357,4267,42527,54,33536,1012,233507,184,47046,173675,55739,156300,30937,85,145063,942,87,87969,98708,46,124995,118946,42525,64251,190,208022,243811,10809,10388,17897,1008,34193,1677,30420,3310,3000,82463,12108,193809,28315,1032,150424,20296,11603],"class_list":["post-534725","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-lco26u","tag-advanced-micro-devices-inc","tag-alphabet-class-a","tag-andrew-ross-sorkin","tag-apple-inc","tag-ben-bernanke","tag-boeing-co","tag-broadcom-inc","tag-business","tag-business-news","tag-consumer-discretionary-select-sector-spdr-fund","tag-delta-air-lines-inc","tag-donald-trump","tag-doug-mcmillon","tag-dow-jones-industrial-average","tag-draftkings-inc","tag-economy","tag-ed-bastian","tag-energy-select-sector-spdr-fund","tag-eric-trump","tag-flutter-entertainment-plc","tag-ice-brent-crude-oct25","tag-il","tag-invesco-qqq-trust","tag-investment-strategy","tag-iran","tag-ishares-national-muni-bond-etf","tag-ishares-semiconductor-etf","tag-israel","tag-jeff-cox","tag-kevin-warsh","tag-levi-strauss-co","tag-lp","tag-markets","tag-matt-peterson","tag-mervyn-king","tag-meta-platforms-inc","tag-micron-technology-inc","tag-nasdaq-100-index","tag-nasdaq-composite","tag-netflix-inc","tag-nvidia-corp","tag-pepsico-inc","tag-sp-500-index","tag-sam-altman","tag-sean-conlon","tag-sk-hynix-inc","tag-space-exploration-technologies-corp","tag-technology-select-sector-spdr-fund","tag-united-states","tag-united-states-oil-fund","tag-walmart-inc","tag-walt-disney-co"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/534725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=534725"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/534725\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/534726"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=534725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=534725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=534725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}