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

U.S. stock futures lower after last week’s market downturn and Treasury yields staying elevated; Boeing (Bachelor) shares fell in pre-market trading after one of its 737-800 planes crashed in South Korea; Tesla (Tesla) shares were lower ahead of a delivery report later this week; Pending home sales expected to slow in November from last month; and Bitcoin-related stock MicroStrategy (Magnetic transmission technology), Coinbase Global (coin), anti-riot platform (riot) and Mara Holdings (Mara) moved lower as the cryptocurrency hovered below $94,000. Here’s what investors need to know today.

1. U.S. stock futures edge lower, kicking off holiday-shortened week

U.S. stock futures lower as investors brace for another holiday-shortened week Last week’s ending was disappointing. Nasdaq On Friday, the tech index fell 1.5% and futures prices fell 0.2%. Dow Jones Industrial Average and S&P 500 Index Futures prices fell by a similar amount after closing with larger losses last week. The decline comes as investors begin to lose faith in the so-called market. santa claus rally. The 10-year Treasury yield fell slightly but continues to hover around 4.6%. Bond trading will end early Tuesday Stock and bond markets will be closed on Wednesday New Year.

2. Boeing shares fell after Korean Air crash

Boeing (Bachelor) After a 737-800 aircraft was launched, the stock price fell about 3% in pre-market trading. Crashed in South KoreaOf the 181 people on the Jeju Air flight, 179 died. The crash comes as the U.S.-based plane maker has suffered a series of setbacks this year, including machinists strike and a Door plug comes off during Alaska Airlines flight. The company was still Struggling to recover from fatal 737 MAX crash In 2018 and 2019, its shares have fallen 30% this year, despite a recovery in December.

3. Tesla shares fall as investors look ahead to delivery data

Tesla (Tesla) shares fell 2% in premarket trading after falling in the previous two sessions as investors looked forward to the electric vehicle (EV) maker’s results. Fourth Quarter Delivery Report later this week. Analysts expect Tesla’s delivery volume to reach 510,000 vehicles, an increase of 10% month-on-month and 5% year-on-year. Since the November 5 presidential election, Tesla shares have soared more than 70% in anticipation of the CEO taking office Elon Musk’s The automaker will benefit from its relationship with President-elect Donald Trump. The stock closed at $431.66 on Friday, down nearly 12% from its all-time high of $488.54 on December 18.

4. Pending home sales data highlights this week’s housing, construction reports

Investors will still be focused on some economic data during this shortened trading week, including several housing and construction numbers. National Association of Realtors (NAR) Pending Home Sales Index November is expected to rise 0.7%, down from October, when data is released at 10 a.m. ET today. Better than expected 2% jump. Investors will also receive information about S&P Case-Shiller Home Price Index Tuesday and construction spending data Thursday.

5. Bitcoin hovers below $94,000, crypto stocks lower

Bitcoin (Bitcoin USDThe cryptocurrency continues to trade below $94,000 after the cryptocurrency retreated from $100,000 levels last week. Heading into 2025, some analysts are optimistic Bitcoin could top $200,000 Because it was treated positively by the incoming Trump administration. However, the recent price collapse has also affected cryptocurrency-related companies. shares Bitcoin Buyer MicroStrategy (Magnetic transmission technology) fell 2% in pre-market trading after falling 3% on Friday, while Bitcoin miner Riot Platforms (riot) and Mara Holdings (Mara) and cryptocurrency exchange Coinbase Global (coin) have also declined.