5 Things To Know Before The Stock Market Opens


Asia’s reaction to the latest threat by the United States to impose tariffs on Chinese goods is already pushing investors to price in more pain for the world’s largest economy.

Which start times are the markets open in regions around the world?

Tokyo – 11:50 a.m. Hong Kong – 11:49 a.m. Shanghai – 11:59 a.m. Seoul – 6:30 a.m. Singapore – 12:15 p.m. Tokyo – 5:45 p.m. Seoul – 11:30 p.m.

Who do stocks open on?

The New York Stock Exchange was closed Friday due to the coronavirus pandemic, but the Paris, London, New York and Frankfurt stock exchanges are all open.

What is open?

Attractions in Tokyo and Sydney will be closed. In an emailed statement Saturday, the Sydney Institute of Chartered Surveyors’ states, “All of us in the industry are sadly again advised that all of our premises have been closed due to health and safety concerns.”

A spokesperson for the Singapore Tourism Board said it is not aware of any inbound attractions, tourist packages, regional flight, accommodation and a recommendation for tourists planning to visit Singapore and booking online should confirm the places they are expected to visit.

A spokesperson for the Hong Kong government told the media that “with regard to Keta spa, we are advised that Singapore state road transport is operating during the night hours… though live entertainment has been temporarily suspended.”

Where did stocks finish the last session?

On the New York Stock Exchange’s main indexes, the Dow Jones Industrial Average finished at a record high Friday and the S&P 500 ended at a close near a record high on November 21.

The Dow on Friday gained a gain of 225 points, or 1.2%, to end at 28,093.47. The S&P 500 gained by a greater-than-expected margin – a rise of 42 points, or 1.2%, to finish at 3,533.76.

Also in the S&P 500 was the technology-heavy Nasdaq Composite, which gained a greater-than-expected increase of 136 points, or 1.5%, to finish at 12,475.30.

Which US-listed stocks are in the “dashboard”?

Shares of healthcare IT company Carestream, which closed up 40% Friday on Reuters’ reporting that an unidentified buyer is offering to buy it for $1.23 billion, are in the “dashboard” of a few stocks.

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After Reuters reported that Carestream has engaged advisers, a panel of industry professionals – executives with backgrounds in healthcare, insurance, B2B and law – selected members of the banking industry to review whether the asset was worth buying.

“The finding and the potential value of the asset must, of course, be scrutinized carefully,” the panel concluded in its report, which it said contained “significant advice which could not be ignored.”

A report by Cambridge Analytica, a company that uses data from millions of Facebook users to target advertising and sell political opinions on the social media site, also spurred in a “dashboard” on Friday.

Cambridge Analytica shares rose by more than 15% after the owner of the company, Cambridge University Business School professor Martin Nolan, said in a company video seen by Sky News that his company’s methods have helped secure Donald Trump’s victories in 2016 and 2018 presidential elections.

According to Sky News, the tools used by Cambridge Analytica have helped get Trump elected in 2016 and produced “more than 20 sophisticated psychological profiles of voters and key constituencies” in 2018.

What is happening in currencies?

After the United States reported 2,761 new cases of the coronavirus and 49 deaths on Friday, the US dollar stood at $.3238 – down $.569 from the previous Friday.

Meanwhile, the euro, which is considered by investors as a safe haven asset during times of economic downturn, rose by 0.49% to $1.1845.

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