5 things it is best to know before the stock market opens on Wednesday, October ninth

Stocks rose on Tuesday as investors await signs of a so-called soft landing – the Federal Reserve reining in inflation without hurting the economy. The S&P 500 rose almost 1% through the day, while the Nasdaq Composite climbed about 1.5% and the Dow Jones Industrial Average rose 0.3%. With the Fed cutting rates of interest by 0.5 percentage point last month, a stronger-than-expected jobs report for September has bolstered hopes that the economy can withstand anti-inflation measures. Market watchers will get more details on the Fed's pondering through the central bank's latest meeting minutes, due out on Wednesday. Follow live market updates here.

The Justice Ministry indicated that it was considering dissolution alphabetis Google, weeks after a US judge ruled that the corporate had a monopoly on the search engine market. The DOJ said recommendations for Google's search engine business “could include contractual requirements and prohibitions, non-discrimination product requirements, data and interoperability requirements, and structural requirements.” It added that it’s considering “behavioral and structural remedies that would prevent Google from offering products such as Chrome, Play and Android to use Google Search and Google Search-related products and features – including new search access points and features such as artificial.” Intelligence – about competitors or latest entrants.” A choice on the remedies is probably not made until next 12 months, and objections from Google could drag out the method. Lee-Anne Mulholland, vice chairman of regulatory affairs at Google, called the proposals “radical” and said they’d have “unintended consequences” for consumers.

A bipartisan group of greater than a dozen state attorneys general is filing a lawsuit against the social media app TikTok over its impact on children and young users. Officials accuse the corporate of harming children's mental health by tying them to the app and running an illegal money transfer business. A TikTok spokesperson said in a press release that the corporate disagrees with the claims and is providing appropriate protections for young users. The allegations come after lawyers for TikTok argued before a federal appeals court in September that a brand new law that will ban the app until Jan. 19 unless China-based owner ByteDance finds a non-Chinese buyer for the corporate was unconstitutional.

BoeingTalks with striking employees have stalled in the meanwhile. The company withdrew a contract offer to around 33,000 machinists who had been on strike since mid-September, adding that further discussions “make no sense at this point”. Boeing said the union didn’t consider higher proposed collective wages in talks this week, while the International Association of Machinists and Aerospace Workers said the corporate refused to enhance wages, vacation and sick leave. As the strike drags on, it’ll cause further financial trouble for Boeing, already reeling from years of missteps.

—