The article “5 Things to Know Before the Stock Market Opens” outlines important market developments for August 21, 2024. Key highlights include a 12% surge in Target’s stock following better-than-expected revenue and an improved profit outlook. The Federal Reserve’s upcoming minutes are anticipated to support a potential interest rate cut in September. Meanwhile, JD.com shares fell 7% after Walmart divested its $3.6 billion stake in the company. In international news, China has initiated an anti-subsidy probe regarding EU dairy imports. Lastly, Netflix’s shares reached a record high due to strong advertising sales, reflecting its push to expand in that sector.