Traders on the floor of the NYSE, October 20, 2022.

Source: NYSE

Here are the most important news items investors need to start their trading day:

1. Weak end?

The good news: Stocks are on pace to have their best week since the beginning of last month. The bad news: It’s been a losing two days for US markets, and things weren’t looking so great before the bell on Friday, either. After an optimistic start to the week, fueled by relatively strong earnings reports from major banks and others, bond yields rose, sending conventional shares lower. On Thursday, the 10-year Treasury yield hit 4.239% for the first time in 14 years. 2-year and 30-year returns also reached levels not seen in more than a decade. Read live market updates here.

Read more: An often overlooked economic measure is a sign that big trouble is ahead

2. Snapped again

Co-founder and CEO of Snap Inc. Evan Spiegel at the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, France June 17, 2022.

Benoît Tessier Reuters

3. More twists in the Twitter saga

In this photo, the image of Elon Musk on a computer screen and the twitter logo on a mobile phone are shown in Ankara, Turkey on October 06, 2022.

Muhammad Selim Korkutata | Anadolu Agency | Getty Images

4. Ukraine presses on

Ukrainian President Volodymyr Zelenskyy visits the Wall of Memory of the Fallen Defenders of Ukraine, amid Russia’s attack on Ukraine, during the commemoration of Defenders of Ukraine Day in Kyiv, Ukraine October 14, 2022.

Press Service of the Presidency of Ukraine | Reuters

Ukrainian forces continued to withdraw territory in the nation’s Kherson region, while Russian forces retreated and evacuated the area. The Ukrainian government accused the Russians of forcibly removing the Ukrainians, but the Kremlin denied it. Volodomyr Zelenskyy, the president of Ukraine, also warned that Russia could attack a hydroelectric dam in Kherson. His comments come as Ukraine tries to fix its electrical infrastructure after waves of Russian missile and drone attacks on city centers and other key hubs. Read live war updates here.

5. Who is next?

British Prime Minister Liz Truss announces her resignation, outside Number 10 Downing Street, London, Britain October 20, 2022.

Henry Nicholls | Reuters

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