5 Things to Know Before the Stock Market Opens | Global News Avenue

U.S. stock futures higher on optimism over President-elect Trump’s pick of Scott Bessent as Treasury Secretary; Bitcoin (Bitcoin USD) above $98,000, MicroStrategy (Magnetic transmission technology) Shares rise in pre-market trading as cryptocurrency continues to hover near record levels; Super Micro (SMCI) Stocks build on momentum from last week’s meeting Nasdaq Filing Requirements; Peabody Energy (BTUThe company’s shares fell after the U.S. company said it would buy nearly $3.8 billion of steel-making coal assets from London-listed Anglo American; and U.S. Rocket Lab (KRLB) shares soared after announcing two successful launches. Here’s what investors need to know today.

1. U.S. stock futures rise as market reacts to Treasury secretary choice

U.S. stock futures rise as investors cheer Donald Trump’s pick Scott Bessent becomes finance minister There is optimism that he will be able to implement the president-elect’s policies without disrupting markets. back Closed at record high on Friday, Dow Jones Industrial Average Futures rose 0.6%, while Nasdaq Futures rose by a similar percentage S&P 500 Index Futures rose 0.5%. Early surge pulls off Holiday-shortened trading weekmarkets are closed for Thanksgiving on Thursday.

2. Cryptocurrencies hold near $100,000, Bitcoin takes center stage

Investors continue to focus on Bitcoin (Bitcoin USD) as the price level of the largest cryptocurrency Market value Remain stable after transaction Over $98,000 weekend. Since Trump won the presidential election on November 5, Bitcoin has soared by about 40%, driven by market expectations. Crypto-friendly management. The cryptocurrency has surged about 130% so far this year. Meanwhile, MicroStrategy (Magnetic transmission technology) shares rose 6% in pre-market trading as the software company’s shares continue to soar due to its strategy of buying Bitcoin. As of Friday’s close, shares had risen about 90% since the day before the election.

3. AMD stock price continues to surge after compliance program

AMD stock (SMCI), the server maker, surged more than 6% in premarket trading continue to climb After submitting the compliance plan a week ago avoid delisting from Nasdaq. The company also received shout out from partners and Artificial Intelligence (AI) Determined NVIDIA (NVDA) at the chipmaker’s Earnings Conference Call Last Wednesday. Although Supermicro’s shares have soared about 80% since Nov. 15, they are still down sharply from their March highs as they have been hit by regulatory concerns. Accounting Manipulation Allegations and submission delays.

4. Peabody Energy shares fall on deal to acquire steel-making coal assets

Peabody Energy (BTU) shares fell 3% in pre-market trading after the U.S. company said it would Purchased nearly $3.8 billion of steel-making coal assets London-listed mining giant Anglo American’s Australian operations Reorganization after its business reject Multiple takeover bids from rival BHP Billiton. Peabody, which emerged from bankruptcy seven years ago, said the assets would help meet demand in Asia, which has driven much of the world’s steel demand over the past decade. News of the sale sent Anglo American’s shares up nearly 2%.

5. Rocket Lab USA shares soar after two successful launches

American Rocket Lab (KRLB) shares rose 9% in pre-market trading SpaceX competitors Announced two successful launches within 24 hours, touting its turnaround capabilities. The company deployed five satellites for French IoT operator Kinéis from a launch facility in New Zealand less than 22 hours after completing launch from a launch facility in Virginia. The Long Beach, Calif.-based company also said it would receive $23.9 million in government grants under the program. chip method Expands semiconductor manufacturing capabilities at its Albuquerque, New Mexico facility