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Showing posts with the label 5 Things To Know Before The Market Opens Tuesday.

5 things to know before the stock market opens Tuesday, October 5, 2021.

 Source:  cnbc.com Matthew J. Belvedere 4-5 minutes 1. Wall Street looks higher after Monday's tech decline A trader looks up grimly at a screen at the New York Stock Exchange September 17, 2001 in New York. Chris Hondros | Getty Images 2. U.S. faces recession if Congress doesn't act on debt limit , Yellen says Janet Yellen, U.S. Treasury secretary, speaks during an interview at the National Association of Business Economics (NABE) annual meeting in Arlington, Virginia, U.S., on Tuesday, Sept. 28, 2021. Amanda Andrade-Rhoades | Bloomberg | Getty Images Treasury Secretary  Janet Yellen  said Tuesday she believes the economy would fall into a recession if Congress fails to address the borrowing limit before an unprecedented default on the U.S. debt. "I do regard Oct. 18 as a deadline. It would be catastrophic to not pay the government's bills, for us to be in a position where we lacked the resources to pay the