Auto workers threaten to expand picket lines against Big Three automakers Ford (F), Stellantis (STLA), and General Motors (GM) if progress isn't made in contract negotiations by noon tomorrow. Fed officials are set to release statements tomorrow following Wednesday's decision to hold interest rates, alongside the services and manufacturing indexes that are due out. Lastly, the Powerball Jackpot currently sits at $725 million.
Yahoo Finance Live co-host Josh Lipton runs down what investors should look out for on Friday, September 22.
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JOSH LIPTON: And time now for what to watch Friday, another deadline looming for the United Auto Workers Union and the big three, Ford, GM, and Stellantis. UAW President Shawn Fein warning this week that if substantial progress hasn't been made by Friday's noon deadline, the union would add additional locations to its stand-up strikes.
And turning to the Federal Reserve, investors can expect a slew of Fed speak. Investors can look forward to remarks from Fed governor Lisa Cook, Boston Fed President Collins, Minneapolis Fed President Kashkari, and San Francisco Fed President Daly.
Meanwhile, on the economic front, US manufacturing and services PMI data out Friday morning. Data for the month of September is expected to edge higher. This coming after services and manufacturing PMI saw a drop in August.
And lastly, keep an eye on the Powerball with the jackpot at $725 million. This makes it the eighth largest prize in the history of the game. The next drawing is scheduled for Saturday night, September 23. We'll have to wait to see if there's a lucky winner this weekend.