|  | | | | |  | | |  | | | | 10 Things Before the Opening Bell | | | | | | | Advertisement
{{ad('main')}} Here is what you need to know. - Here's where American businesses will see the 'first signs of pain' from the shutdown. Many furloughed government employees are set to miss their second paycheck Friday, and Bank of America Merrill Lynch found out which things Americans who were going to receive a lower pretax income this year compared with last said they had cut from their spending habits.
- Goldman Sachs' CEO warns Britain not to take the hard way on Brexit. "If this is resolved in a difficult way, or in a hard way, I do think over time it will have an impact on where we invest and where we put people," Goldman Sachs CEO David Solomon told the BBC in Davos, Switzerland.
- The chairman of a $275 billion dynasty unveils what he says is the best investment opportunity of the past 25 years. Patrick Odier, the chairman of Lombard Odier, tells Business Insider why sustainable investing isn't just a fad.
- Intel plunges after missing across the board. "Our trade and macro concerns, especially in China, have intensified," Bob Swan, the company's interim CEO, said on a conference call with analysts.
- Starbucks beats and raises guidance. The coffee giant beat on both the top and bottom lines and said it saw full-year adjusted earnings per share of $2.68 to $2.73, up from $2.61 to $2.66.
- PG&E soars after it's cleared from wrongdoing in a 2017 fire. Shares gained about 75% Thursday after a California investigation said the state's largest utility was not responsible for the 2017 Tubbs Fire. However, PG&E may still be held accountable for the 2018 Camp fire.
- Snap's lead underwriter slashed its price target to $5. Morgan Stanley analysts on Thursday cut their Snap price target to $5 from $7, predicting "slower user and advertising growth holding back free cash flow."
- Stock markets around the world were higher. Hong Kong's Hang Seng (+1.65%) led the gains in Asia, and Germany's DAX (+1.33%) was out front in Europe. The S&P 500 was set to open higher by 0.49% near 2,655.
- Earnings reporting slows. Colgate-Palmolive and DR Horton report ahead of the opening bell.
- US economic data is absent because of the shutdown. Durable-goods orders and new-home sales were supposed to cross the wires. The US 10-year yield is up 0.7 basis points at 2.72%.
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