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Summary List Placement

Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning.

Here’s what you need to know before markets open.

1. Global stocks rise on further COVID-19 vaccine positivity and strong China factory data. Investors are awaiting results from Moderna, AstraZeneca, and Janssen. See how markets are reacting.

2. China’s factory production grew by more than expected. Factory activity in October shows the world’s second-biggest economy is gradually recovering from the COVID-19 pandemic.

3. Seth Klarman revealed a $400 million bet on Bill Ackman’s SPAC. The billionaire has been touted as “the next Warren Buffett” because he also follows a value-investing approach.

4. Saudi Aramco plans to raise billions by issuing international bonds. The world’s largest oil company said it would issue dollar-denominated bonds of varying maturities.

5. PNC to acquire US arm of Spain’s BBVA for $12 billion. The deal is among the largest mergers in the banking space since the financial crisis.

6. Earnings expected. Vodafone, Tyson Foods, and Palo Alto Networks are highlights.

7. On the data docket. The US 3-month and 6-month bill auctions are due.

8. Billionaire Bond King Jeff Gundlach says stocks are entering …read more

Source:: Businessinsider – Finance


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