5 things to know before the stock market opens Friday

5 things to know before the stock market opens Friday

1. S&P 500 heads for best August in 34 yearsDow stock Coca-Cola was higher in the premarket after the beverage giant announced Friday morning a restructuring plan, which will include voluntary job cuts. Coca-Cola will offer buyouts, starting with about 4,000 workers in the U.S., Canada and Puerto Rico who were hired on or before Sept. 1, 2017. The company estimates that the severance program will cost between $350 million and $550 million.Shares of Tesla, astonishingly up 435% in 2020, were higher in premarket trading after closing higher at $2,238. Tesla's 5-for-1 stock split happens after Friday's close, with shares starting to trade on a split-adjusted basis Monday.2. Trump rips Biden; Harris rips TrumpPresident Donald Trump speaks from the South Lawn of the White House on the fourth day of the Republican National Convention, Thursday, Aug.