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

Economists expect the November jobs report due at 8:30 a.m. ET to show a rebound in employment levels; U.S. stock futures were little changed as the index retreated from record highs; Lululemon (Lulu) Shares rose in premarket trading after the retailer reported strong revenue growth and raised its sales forecast; President-elect Donald Trump names venture capitalist and podcaster David Sacks as White House chief executive on artificial intelligence and cryptocurrency Tsar”; and document signature (Document library) shares soared after the company’s quarterly profit more than doubled expectations. Here’s what investors need to know today.

1. November jobs report expected to show rebound in hiring

Investors will be closely watching the November jobs report due out today at 8:30 a.m. ET, with forecasters expecting employment to rebound from storm-related declines in October. Economists surveyed wall street journal and Dow Jones Newswires The November report is expected to show employers added 214,000 jobs, Rebound from 12,000 points of new positions last month, when storm damage and workforce disruptions likely limited job creation. The data is as follows Fed The official is Pay close attention to economic indicators Before the rate decision on December 18th.

2. U.S. stock futures flat ahead of jobs report

U.S. stock futures little changed ahead of jobs report Major stock indexes retreat from record highs at the last session. Bitcoin (Bitcoin USD) traded 1% higher at around $98,000 Cryptocurrencies pulled back yesterday after crossing the $100,000 threshold for the first time on Wednesday night. Crude oil futures fell about 1%, gold futures rose about 0.5%, and the 10-year Treasury yield was flat, hovering below 4.2%.

3. Lululemon shares rise on revenue growth, improving outlook

lululemon sport (Lulu) shares surged 9% in pre-market trading after the retailer beat third-quarter results. Full-year outlook raised. The apparel maker reported revenue up 9% year over year to $2.4 billion, beating the consensus of analysts surveyed by Visible Alpha. Net profit of $351.9 million, or $2.87 per share, was also higher than expected. Lululemon also raised its full-year revenue forecast to $10.452 billion and $10.487 billion from the previous range of $10.375 billion to $10.475 billion.

4. Trump appoints venture investor David Sacks to White House artificial intelligence and cryptocurrency position

President-elect Donald Trump names venture capitalist David SacksWhite House AI and Cryptocurrency Czar,” said on his Truth social platform that Sachs would “guide the administration’s policy on artificial intelligence and cryptocurrency, two areas critical to America’s future competitiveness. “ Sacks, co-host of the “All-In” podcast, is a Trump ally and close friend of Tesla (Tesla) Chief Executive Officer (CEO) Elon Musk, has been a supporter of deregulation of cryptocurrencies and cryptocurrencies Artificial Intelligence (AI)according to new york times.

5. Docusign shares rise after earnings more than double forecasts

Document signature (Document library) shares soared 12% in pre-market trading Electronic signature and document management The company reported third-quarter profit that was more than double forecasts. Docusign reported a profit of $62.4 million, or $0.30 a share, while analysts polled by Visible Alpha expected a profit of $30.2 million, or $0.14 a share. The company’s third-quarter revenue of $754.8 million was also better than expectations of $745.3 million.