10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, PEP, SODA) - Creak News

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10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, PEP, SODA)

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Here is what you need to know.

The world's biggest shipping company warns that Trump's trade war could hurt America more than anyone else. While giving a presentation at his company headquarters on Friday, Maersk CEO Soren Skou said President Donald Trump's trade war could slow the US's annual trade growth by up to 4%.

The midterm elections could paralyze a key instrument of Trump's agenda for the US economy. History suggests the Republicans will lose their House majority in the midterm election, which would most likely prevent the Trump administration from producing any other legislative accomplishments similar to the tax overhaul, according to Steve Rattner, the CEO of Willett Advisors.

See the rest of the story at Business Insider

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