{"id":361053,"date":"2026-01-09T14:57:10","date_gmt":"2026-01-09T14:57:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/361053\/"},"modified":"2026-01-09T14:57:10","modified_gmt":"2026-01-09T14:57:10","slug":"5-things-to-know-before-the-stock-market-opens-friday","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/361053\/","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. These introductions have been helpful in reminding me what day it is amid such a busy news week, but I’m still struggling to get the hang of writing that we’re in 2026.<\/p>\n

Stock futures<\/a> are near flat this morning. The S&P 500<\/a> finished yesterday’s session little changed.<\/a><\/p>\n

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

1. Clocking in<\/p>\n

More than 75 employers were taking resumes and talking to prospective new hires at a career fair in Lake Forest, CA on Wednesday, February 21, 2024.\u00a0<\/p>\n

Paul Bersebach | Medianews Group | Orange County Register | Getty Images<\/p>\n

We’re counting down to the all-important December jobs report<\/a> due at 8:30 a.m. this morning. The labor market data is a key to gauging the health of the U.S. economy and predicting the future path for interest rates.<\/p>\n

Here’s what to know:<\/p>\n

Economists polled by Dow Jones expect the nonfarm payrolls to grow by 73,000 in December and the unemployment rate to tick lower to 4.5%.Data from Challenger, Gray & Christmas released yesterday offered reason for optimism: The consulting firm found announced layoffs hit a 17-month low<\/a> in the month.Plus, the average consumer’s overall outlook is improving<\/a> despite labor market concerns, according to a New York Federal Reserve survey released yesterday.Following the release of the jobs data, National Economic Council Director Kevin Hassett \u2014 a top contender to be the next Federal Reserve chair \u2014 will join CNBC’s “Squawk on the Street” at 9 a.m. ET.Stocks are on track for a winning week. Follow live markets updates here.<\/a>2. Decision day?<\/p>\n

US President Donald Trump during an announcement in the Roosevelt Room of the White House in Washington, DC, US, on Friday, Dec. 19, 2025.<\/p>\n

Will Oliver | Bloomberg | Getty Images<\/p>\n

The jobs report may not be the only potentially market-moving economic event this morning: The Supreme Court could announce its ruling<\/a> on the legality of President Donald Trump’s tariff policy today.<\/p>\n

As CNBC’s Jeff Cox reports, the court’s decision might not be black and white. The court could, for example, grant Trump limited powers that would lead to the limited repayment<\/a> of previously set tariffs. In any case, the Trump administration has repeatedly said it would impose the steep tariffs through other means if the Supreme Court knocks them down.<\/p>\n

While the world awaits a decision, data released yesterday showed the effect of the duties Trump rolled out last year. The U.S. trade deficit in October fell 39% month over month to its lowest level since 2009<\/a>, according to the Commerce Department.<\/p>\n

3. International affairs<\/p>\n

Tankers dock at the Matanzas terminal as Cubans brace for worsening fuel shortages after the U.S. seized Venezuela-linked tankers, cutting a vital energy lifeline in Matanzas, Cuba, Jan. 7, 2026. <\/p>\n

Norlys Perez | Reuters<\/p>\n

Trump said this morning that he canceled a second wave<\/a> of military attacks on Venezuela, writing in an early-morning social media post that the U.S. and Venezuela “are working well together.” The news comes after the Senate yesterday voted to block<\/a> Trump from carrying out further military strikes on Venezuela. While procedural, the measure’s passage signaled it has the support to succeed when a final vote takes place.<\/p>\n

Trump will meet with oil industry leaders<\/a> this afternoon to discuss Venezuela following the weekend strike and ousting of President Nicol\u00e1s Maduro. The CEOs of Exxon<\/a>, ConocoPhillips<\/a> and Shell, along with a Chevron<\/a> representative, are expected to attend the White House meeting, sources told CNBC.<\/p>\n

Meanwhile, the U.S. government is considering investing<\/a> in critical mineral mining projects in Greenland operated by Amaroq, the company’s CEO Eldur \u00d3lafsson told CNBC. Trump has repeatedly floated buying Greenland as a whole, but, as CNBC’s Kevin Breuninger reports, such a deal could cost trillions.<\/a><\/p>\n

4. Saks-ed out<\/p>\n

Shoppers walk outside the Saks Fifth Avenue flagship store in Manhattan in New York City, U.S., Jan. 6, 2026. <\/p>\n

Angelina Katsanis | Reuters<\/p>\n

Saks Global is hitting hard times. The embattled luxury retail chain is having trouble<\/a> locating up to $1 billion in financing it needs to stay alive as it considers a Chapter 11 bankruptcy filing, people familiar with the matter told CNBC’s Gabrielle Fonrouge.<\/p>\n

Investors haven’t been chomping at the bit to lend to the Neiman Marcus and Bergdorf Goodman parent due to concerns about its ability to reorganize and subsequently pay them back, sources said. That’s created difficulties for the 159-year-old company amid its quest for a so-called debtor-in-possession loan.<\/p>\n

Why that matters: Without bankruptcy financing, Saks is more likely to face liquidation. Saks declined to comment.<\/p>\n

Get Morning Squawk directly in your inbox5. Cruisin’ for a bruisin’<\/p>\n

New vehicles displayed for sale at a General Motors Co. Chevrolet dealership in Miami, Florida, US, on Saturday, April 5, 2025. <\/p>\n

Bloomberg | Bloomberg | Getty Images<\/p>\n

General Motors<\/a> announced yesterday that it will log $7.1 billion in special charges<\/a> for the final quarter of 2025. Around $6 billion of that is related to changes from its electric vehicle plans amid cooling demand, while the other $1.1 billion is tied to the rejiggering of a Chinese joint venture.<\/p>\n

As CNBC’s Michael Wayland notes, the charges will have an impact on GM’s net income but not the company’s adjusted results. The Detroit-based automaker’s release comes ahead of its earnings report later this month and follows a bumper year for the stock.<\/p>\n

The Daily Dividend<\/p>\n

Have I already mentioned how many big headlines there were this week? Here’s some stories you might have missed:<\/p>\n

CNBC’s Jeff Cox, Jessica Dickler, Lori Ann LaRocco, Gabrielle Fonrouge, Chloe Taylor, Garrett Downs, Kai Nicol-Schwarz, Kevin Breuninger and Michael Wayland contributed to this report. Josephine Rozzelle edited this edition.<\/p>\n","protected":false},"excerpt":{"rendered":"This is CNBC’s Morning Squawk newsletter.\u00a0Subscribe here\u00a0to receive future editions in your inbox. Happy Friday. These introductions have…\n","protected":false},"author":2,"featured_media":361054,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,273,4137,72996,141,1294,4139,20037,2992,9689,6232,4948,138431,23875,467,107969,9568,56,54,158,55,586],"class_list":["post-361053","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-business-news","tag-chevron-corp","tag-conocophillips","tag-donald-trump","tag-economy","tag-exxon-mobil-corp","tag-ford-motor-co","tag-foreign-policy","tag-general-motors-co","tag-greenland","tag-investment-strategy","tag-jeff-cox","tag-kevin-hassett","tag-markets","tag-nicolas-maduro","tag-robert-f-kennedy-jr","tag-uk","tag-united-kingdom","tag-united-states","tag-unitedkingdom","tag-venezuela"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/361053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=361053"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/361053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/361054"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=361053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=361053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=361053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}