GameStop, Cathy Wood, Jobs Friday – 5 Things You Must Know

GameStop shares are rising on NFT plans, Cathy Wood’s ARK Innovation fund is criticized by tech about-face, and Wall Street is awaiting December’s jobs report.

Here are five things you need to know for Friday, January 7:

1. – Stocks indicate higher openness ahead of jobs report

U.S. equity futures were showing a slightly higher open early Friday morning ahead of a key U.S. jobs report that is expected to show further job growth in December, despite the rising variant of the omicron.

Futures contracts linked to the Dow Jones Industrial Average show an opening gain of 45 points, while those linked to the S&P 500 are valued at a gain of 5.25 points. Futures contracts linked to the tech-driven Nasdaq Composite show a 4.5 point rise at the start of trading, with benchmark 10-year T-bill yields trading slightly at 1.725%.


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