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Summary List PlacementWelcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning. Event alert: Join us today at 1 p.m. ET for a chat about what the Paycheck Protection Program means for you. Sign up here. Here's what you need to know before the markets open. 1. The UK is back in lockdown to...

Summary List Placement Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning. Register here for Business Insider's live election webinar TODAY, featuring three top investing minds Here's what you need to know before markets open. 1. European stocks and oil fell sharply. Progress on US stimulus took a backseat as investors in Europe...

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.  OPEC+ urges 'full conformity' with production cuts, and Saudi Arabia's energy minister warns market gamblers will be hurt 'like hell'. OPEC+ emphasized on sustaining "full conformity" with oil production cuts at...

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. Gold's explosive rally is not 'quite finished yet,' a Standard Chartered strategist said. Just when gold prices seem to have taken a bit of a breather after their historic rally above $2,000, Standard Chartered thinks the surge in...

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. The EU agreed a historic, unprecedented 750 billion euro ($860 billion) recovery fund as the bloc fights the fallout of coronavirus. The package comprises around 390 billion euros in grants, and a further 360...

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.  The EU is deadlocked over its proposed $860 billion coronavirus rescue package, as a group of 'frugal' nations stall talks. The European Union's top leaders remain deadlocked over the size and scope of a...

Here's what you need to know before the markets open. 1. The Bank of England admitted for the first time it's considering negative interest rates, but analysts don't believe it will follow through. "We do not rule things out as a matter of principle," Andrew Bailey, the Governor of the Bank of England, said on negative interest rates. 2. Global stocks slip after Trump...

Here's what you need to know before the markets open.  1. 'Buffett needs to listen to Buffett again': Investor was wrong to recommend tech-heavy S&P 500, Berkshire Hathaway shareholder says. "He is forgetting what gruesome looks like by fawning on the index and some 'obvious' winners of today," wrote Tony Scherrer in a company blog post. 2. Thousands of sports fans who can't gamble...

1. China's economy suffered its first contraction in over 40 years, shrinking 7% in an 'extraordinary shock' to the global economy. The last time China officially acknowledged a year-on-year fall in output was in 1976. 2.Ray Dalio, Adam Levinson, and other hedge fund bosses posted record losses in an 'epically turbulent' March. Around 75% of hedge funds posted losses last month, including nine in...

Here's what you need to know before the markets open. 1. 'This is war': Stocks, oil, Treasury yields, and bitcoin plunge as the Fed's rate cut fails to allay coronavirus fears. "The Federal Reserve has panicked. It didn't just fire its bazooka, it dropped an atom bomb of liquidity and monetary stimulus." 2. Here's why global stocks are plunging despite the 'big bazookas' from...

Here's what you need to know before the markets open. 1. Barclays CEO Jes Staley is being investigated by UK regulators over his ties to Jeffrey Epstein — 'I wonder if he can survive this.' The bank's board said Staley has been "sufficiently transparent with the company." 2. 'Why are you not Elon Musk?': The new boss of an oil-and-gas titan isn't leaving clean...

Here's what you need to know before the markets open. 1. SoftBank's profits nosedived 99% last quarter. Here's why its stock went up 12%. Investors cared more about a federal judge ruling in favor of SoftBank-owned Sprint's merger with T-Mobile than a $2 billion loss at the Japanese tech investor's Vision Fund. 2. Bitcoin rockets past $10,000 after the Fed says it's 'taking a...

Here's what's going on. 1. Ongoing tensions between the US and Iran may help drive an ISIS resurgence in Iraq. Experts have raised concerns that tensions between the US and Iran may actually embolden a common enemy — the Islamic State —in Iraq. 2. Oil's bonkers week saw a 'stunning' collapse after spiking on the Trump-Iran turmoil. "Abrupt reversal in risk appetite" saw oil's...

Here is what you need to know. 1. Boris Johnson had a disastrous day on the campaign trail which supporters fear could cost him the election. A clip of Boris Johnson refusing to look at a photo of a sick 4-year-old boy went viral on Monday triggering a day of mistakes by the Tory campaign. Britain votes on Thursday.  2. Morgan Stanley is cutting...

Here is what you need to know.  1. US banks and hedge funds may have fueled the shock surge in money market rates, report finds. The unwillingness of the top four US banks to lend cash, combined with a burst of demand from hedge funds for secured funding, could explain a recent spike in US money market rates, the Bank for International Settlements said. 2....

Here is what you need to know.  1. Goldman Sachs says Elizabeth Warren's tax plan will cut S&P 500 earnings by 11%. The Wall Street giant said Warren and other contenders' plan to reverse Trump's tax cuts would cut corporate profits on a per share basis. 2. Adam Neumann demoted his chief of staff for being pregnant, a new complaint against the ousted CEO...

Here is what you need to know. 1. Chinese officials reportedly cast doubt on any long-term trade deal with Trump — and his impulsive nature is part of the problem. "Chinese officials have warned they won't budge on the thorniest issues," Bloomberg reported. And they're also worried "he may back out" of a deal. 2. Fiat Chrysler will join forces with Peugeot to create...

Here is what you need to know.  1. The impeachment inquiry into Trump has rattled global markets and poses 'a serious setback' to resolving the trade war. Asian stocks all fell as uncertainty over trade war negotiations plagued markets.  2. Trump says Boris Johnson 'isn't going anywhere' as the prime minister comes under growing pressure to resign. Johnson's opponents on Tuesday lined up to...