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

U.S. stock futures were little changed after the index hit another record high in December; U.S. Steel (X) shares fell after President-elect Donald Trump reiterated his opposition to Nippon Steel’s takeover bid; BlackRock (black) acquires HPS Investment Partners for $12 billion in stock; salesperson (customer relationship management) is expected to report earnings and revenue growth after the market close; judge again rules Tesla’s $50 billion compensation package untenable (Tesla) CEO Elon Musk. Here’s what investors need to know today.

1. U.S. stock futures remain flat after S&P 500, Nasdaq hits record high

S&P 500 Index and Nasdaq Futures barely changed after that All indices close on Monday at an all-time high. Dow Jones Industrial Average Futures were also near flat after the index fell 0.3% in the previous session. Investors will be watching today’s announcement October job vacancy reportOn Friday, the closely watched U.S. employment report for November will be released. Bitcoin (Bitcoin USD) was trading around $95,000, with crude oil futures rising, gold futures lower and the 10-year Treasury yield edging higher.

2. U.S. steel stocks fall after Trump renews pledge to block Japanese steel deal

United States Steel Corporation (X) Shares fell 7% in pre-market trading following President-elect Donald Trump’s election vowed to stop Nippon Steel plans to spend $14 billion to acquire its US rival. In an article published in Truth Social, Trump reiterated his previous opposition to the deal, which has also been opposed by President Joe Biden. United States Steel Corporation Chief Executive Officer (CEO) David Burry explain If the deal goes through, the company would have to close the plant and move out of its Pittsburgh headquarters if Nippon Steel does not commit $3 billion.

3. BlackRock to acquire HPS Investment Partners for $12 billion in stock

Global investment management firm BlackRock (black) said it would acquire HPS Investment Partners for about $12 billion in stock. BlackRock said the deal will help it “deliver integrated solutions across public and private markets,” noting that HPS Investment Partners manages $148 billion in client assets. BlackRock shares initially fell in premarket trading but have recently risen slightly.

4. Salesforce to report third-quarter earnings after Bear Stearns

salesperson (customer relationship management) shares were little changed in pre-market trading as Investors wait The software company releases third-quarter earnings after today’s close. Analysts surveyed by Visible Alpha expect Salesforce’s third-quarter revenue to reach $9.35 billion, up 7% year-over-year, and profits of $1.41 billion, or $1.45 per share, up from $1.22 billion, or $1.25 per share. Of the 24 analysts tracked by Visible Alpha, 19 have a “buy” rating and 5 have a “hold” rating.

5. Judge again rejects Tesla CEO Musk’s compensation package

Second term as Delaware judge take action against Tesla’s multi-billion dollar compensation package (Tesla) CEO Elon Musk. The decision upheld an earlier ruling invalidating the package worth more than $50 billion. The decision follows a vote by shareholders in June Approve compensation plan. Tesla said on Musk’s social platform X: “The court’s decision is wrong and we will appeal.” Tesla shares fell less than 1% in premarket trading.