October 4, 2022


Skillful Business Crafters

5 things to know before the stock market opens Wednesday, Oct. 13

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

1. Wall Street looks to avoid a four-session losing streak

Traders work on the floor of the New York Stock Exchange (NYSE), October 12, 2021.

Brendan McDermid | Reuters

2. Supply chain woes, rising costs may make for rocky earnings

3. September consumer prices remain high

4. White House aims to help key West Coast ports stay open 24/7

Cargo ships filled with containers dock at the Port of Los Angeles on September 28, 2021 in Los Angeles, California.

Frederic J. Brown | AFP | Getty Images

5. U.S. to reopen land borders in November for fully vaccinated

Flags of the U.S., Canada and Mexico fly next to each other in Detroit, Michigan, U.S. August 29, 2018.

Rebecca Cook | Reuters

The U.S. said Wednesday it will reopen its land borders to nonessential travel next month, ending a 19-month freeze due to Covid as the nation moves to require all international visitors to be vaccinated. Vehicle, rail and ferry travel between the U.S. and Canada and Mexico has been largely restricted to essential travel since the earliest days of the pandemic. The latest move follows last month’s announcement that the U.S. will end country-based travel bans for air travel and instead require Covid shots for foreign nationals seeking to enter by plane.

— The Associated Press contributed to this report. Follow all the market action like a pro on CNBC Pro. Get the latest on the pandemic with CNBC’s coronavirus coverage.