5 things to know before the stock market opens November 30, 2020 - Republik City News
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5 things to know before the stock market opens November 30, 2020

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Here’s the most important news, trends and analysis that investors need to start their trading day:

1. Dow on track for best month in over 33 years

A Wall Street sign is seen near the New York Stock Exchange (NYSE) in the financial district in New York, November 24, 2020.

Brendan McDermid | Reuters

Shares of IHS Markit gained 7% in the premarket after the analytics firm agreed to be purchased by data giant S&P Global in a deal worth $44 billion, including debt, the biggest merger of 2020 in a year marked by the Covid-19 crisis. In fact, deal-making touched a record high in the September quarter, with more than $1 trillion worth of transactions.

2. Moderna plans to seek FDA emergency approval

Researchers work in a lab run by Moderna Inc, who said November 16, 2020 that its experimental vaccine was 94.5% effective in preventing COVID-19 based on interim data from a late-stage clinical trial, in an undated photograph.

MODERNA INC | via Reuters

3. Trump to reportedly add two Chinese firms to defense blacklist

President Donald Trump meets with China’s President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019.

Kevin Lemarque | Reuters

4. Biden gets ready to expand his economic team

U.S. President-elect Joe Biden delivers a pre-Thanksgiving speech at his transition headquarters in Wilmington, Delaware, November 25, 2020.

Joshua Roberts | Reuters

5. Birx hopes to brief Biden soon while Fauci warns about holidays

Coronavirus Response Coordinator Dr. Deborah Birx (R) speaks with US President Donald Trump and Director of the National Institute of Allergy and Infectious Diseases Dr. Anthony Fauci during a Coronavirus Task Force press briefing in the Rose Garden of the White House in Washington, DC, on March 29, 2020.

Jim Watson | AFP | Getty Images

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