Five things you need to know before the market opens on Friday September 29:
1. -- Stock Market Today: Stocks higher, Treasury yields slide with inflation data in focus
Soft inflation data from Europe, as well as a pullback in the dollar, has stocks looking to close out a bruising September on a high note Friday.
2. -- Fed inflation gauge in focus as spending slows, rate hike bets fade
The Fed's preferred inflation gauge is likely to show slowing core price pressures as well as a possible decline in real consumer spending over the month of August.
3. -- UAW deadline for expanded strikes looms Friday as Big 3 talks stall
UAW president Shawn Fain has vowed to add further targets to the union's historic strike action against the Big 3 automakers.
4. -- Nike stock surges as earnings impress, profit margins set to improve
Nike bosses struck an upbeat tone in their earnings presentation last night, suggesting improved profitability following a mixed first quarter report.
5. -- Carnival earnings to focus on margins, fuel costs amid cruise travel boom
A surge in global oil prices, as well as higher labor and marketing costs, could eat further into profits for the world's biggest cruise line operator.
