5 things to know before the stock market opens Friday

Wall Street was heading for another declining week on Friday with US stock futures lower.

[{"selector":"#anim-f669a274-5794-4ba8-b400-830e52e24439","keyframes":{"transform":["translate3d(-107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-41650a68-ef41-4fed-97df-b20a25623afd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3c65b415-d0ed-4619-8621-d4acc72c0013","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-88471334-d3e1-41d3-a747-31933a44e339","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-da4c0f25-9f98-48fa-971d-13693d58cf45","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f9d80362-6d49-4d5f-a4dc-556ab5bb5280","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-e2b8bfb4-12b4-489b-93fa-79c2f2296784 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Traders were absorbing an ugly earnings warning from FedEx,

[{"selector":"#anim-e82479cd-109c-4ebc-b28e-667309cc9f58","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-22a630a0-d449-4654-8163-fcd874e89edc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a4da9f95-25d9-46b2-bc1a-5bd2d5746cb1","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

which reported weakening global shipment volumes for its latest quarter

[{"selector":"#anim-caedd1e1-57db-44a0-8070-f07f3b857c54","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-97b378de-2d07-4e2b-9b77-f14ce556ba39","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-372f3e4c-0a15-4ec2-aeeb-65f125204ffb","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Shares of FedEx fell late Thursday after the company said it was aggressively cutting costs

[{"selector":"#anim-52671856-7be9-4182-86cf-16c527cf68d3","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2584b117-eccf-4e1a-8d05-06741d34ecf5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1c1fefef-a620-41b1-b28b-583d107ff8c6","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-ba978706-5ea8-4009-ad7e-0456c98829c5","keyframes":{"transform":["translate3d(-107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b80ecd3b-704c-42f0-9872-745a661b5be2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3bb56c1d-b36d-4d98-b529-2c74daf984bd","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

after declining global shipping volumes in the latest quarter's results.

[{"selector":"#anim-e85d79ac-b4ff-4739-999f-f16801941f71","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2db9330d-4e77-4e2b-938c-0bc2e0f7cba2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-64f859ca-d006-4dfb-8abe-1c705220870b","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The White House has released a long-awaited framework on what cryptocurrency regulation in the U.S. should look like.

[{"selector":"#anim-d03d7fd7-ba54-4f05-a763-96ab23f6e8bc","keyframes":{"transform":["translate3d(103.36788%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e81df2e8-f986-4c4f-a34e-5f892455b82d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cdaf78e7-29f0-4729-bdf1-b7bf8367385e","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-e06d469b-15e9-4c09-8bcb-5106ebf577c8","keyframes":{"transform":["translate3d(-108.07799%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3f1d2b13-872c-48e7-96b8-5a8ebb8d9998","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6258e14c-9f0c-450d-a872-aeae2dce4d2f","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

When Bed Bath & Beyond announced last month that it would close roughly 150 of its “lower producing” namesake stores,

[{"selector":"#anim-c94310df-09de-4e58-9583-99f95f467e9b","keyframes":{"transform":["translate3d(103.36788%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a245bd61-90ca-4233-bded-1812b98480b1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-96e08b67-d48f-4933-8f63-f39b42b1c30e","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-1e7582dd-bcc8-41cc-b6ae-8c6e161877d1","keyframes":{"transform":["translate3d(-104.8%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-97858277-83a6-4be6-930c-e45cd7e51d6e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ba715fb2-0048-4ca0-bd5c-8fbb9487363e","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

many people wondered if the location near them would be among those shuttered.

[{"selector":"#anim-f06b8a5e-dbe2-4547-80c2-5dd839a34d20","keyframes":{"transform":["translate3d(104.66321%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b6ff04b6-89dc-4d11-a194-aa6cb8707a8f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-79bee20c-4815-42dc-bb9c-4b608d63a960","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Kanye West, who goes by Ye, is ending the contract between his company, Yeezy, and Gap Inc.

[{"selector":"#anim-7c4e341a-e022-4d4c-b698-50479b6cef82","keyframes":{"transform":["translate3d(104.66321%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eebfafa4-d307-4246-8ef2-0d67c647d847","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8060f66a-0674-4d22-b6d0-8fccab8c331f","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-d0dcc3b0-9e75-40b4-ba93-11d7189099ed","keyframes":{"transform":["translate3d(-104.8%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6ca73c13-4a32-4b5d-a7cc-ca88103cc8db","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8c58cd10-7067-4403-8f91-8be2bbb55393","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The partnership made headlines when it was announced in 2020, and the first product in the Yeezy Gap line

[{"selector":"#anim-e3832710-6dca-42f1-84d4-5efac68667ba","keyframes":{"transform":["translate3d(103.62694%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-617a27c1-c4b3-401c-b1f1-180185f1bc45","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c2ba59e3-ed50-4a20-92e5-0daea86f8dfe","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

a bright blue puffer jacket − sold out within hours of its release a year later.

[{"selector":"#anim-3fb24687-0b17-47d2-b5a0-f15f2b7de4e9","keyframes":{"transform":["translate3d(103.62694%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1c411671-1ef3-441c-9046-63724ef71486","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f33d7418-8474-41ed-b408-a0bd34a3e3d6","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]