5 issues to know earlier than the inventory market opens Thursday, Aug. 5

Listed here are a very powerful information, traits and evaluation that traders want to start out their buying and selling day:

1. Wall Road appears regular forward of jobless claims

Merchants works on the New York Inventory Trade (NYSE), August 4, 2021.

Andrew Kelly | Reuters

Job seekers speak with recruiters at a Job News USA career fair in Louisville, Kentucky, on June 23, 2021.

Luke Sharrett/Bloomberg via Getty Images

The Labor Department is out with its weekly report on initial jobless claims at 8:30 a.m. ET. Economists expect claims to fall by 15,000 to 385,000 for the week ending July 31. Ahead of the data, the 10-year Treasury yield ticked lower to around 1.17%, one day after falling to its lowest level since February. On Friday, the government is set to release its July employment report. Economists expect 845,000 nonfarm jobs were created last month after June’s 850,000 increase.

2. Robinhood retreats after huge rally this week 

Robinhood Markets, Inc. CEO and co-founder Vlad Tenev and co-founder Baiju Bhatt pose with Robinhood signage on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021.

Andrew Kelly | Reuters

3. Moderna says Covid booster ‘robust’ against delta

Westbury, N.Y.: A man receives the Moderna COVID-19 vaccine while at the Long Island federally qualified health center, in Westbury, New York, on April 29, 2021. (Photo by Steve Pfost/Newsday via Getty Images)

Steve Pfost | Newsday | Getty Images

4. Uber, Etsy, Roku see shares drop after earnings

Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019.

Philip Pacheco | AFP via Getty Images

Josh Silverman, CEO of Etsy.

Adam Jeffery | CNBC

Etsy shares sank 12% in the premarket after the online crafts marketplace late Wednesday reported lower-than-expected user growth. Etsy did top estimates with quarterly earnings of 68 cents per share. Revenue also beat projections. The stock was up 55% over the past 12 months.

CEO of Roku, Anthony Wood speaks onstage at The Future of TV Streaming & Entertainment during Tribeca X – 2021 Tribeca Festival at Spring Studios on June 18, 2021 in New York City.

Arturo Holmes | Getty Images

Shares of Roku fell more than 8% in Thursday’s premarket, one day after the video streaming device maker reported disappointing user growth. Roku did crush estimates with quarterly earnings of 52 cents per share. Revenue also exceeded estimates. The stock was up over 150% in the past 12 months.

5. Biden to push EV targets for U.S. auto sales by 2030

U.S. President Joe Biden delivers remarks at the White House in Washington, August 3, 2021.

Jonathan Ernst | Reuters

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