Five things you need to know before the market opens on Friday September 8:
1. — Stocks stagger into weekend on US-China tech worries, new inflation bets
Renewed inflation concerns, alongside a simmer U.S.-China tech trade war, has stocks set for a fourth straight session decline heading into the start of Friday trading.
2. — Apple slump pulls chip stocks lower amid brewing US-China tech trade war
The Commerce Department’s will probe details of a new chip in China-backed Huawei’s Mate 60 smartphone to determine if it violates U.S. trade sanctions.
3. — Kroger earnings in focus amid pushback on $25 billon Albertsons merger
Kroger is likely to report flat Q2 sales as it ramps-up its effort to merge with rival grocery chain Albertsons Companies.
4. — GameStop slides on report billionaire investor Ryan Cohen face SEC probe
GameStop chairman Ryan Cohen has reportedly been asked to provide details of trade related to Bed Bath & Beyond to the SEC.
5. — DocuSign leaps after Q2 earnings beat, 2023 revenue forecast boost
Big new clients and a deeper push into AI technologies are set to drive DocuSign revenues higher over the back half of the year.
