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

Investors braced for a shortened trading week ahead of the national day of mourning for former U.S. President Jimmy Carter; U.S. stock futures rose after a week of losses; investors expected Nvidia to comment (NVDA) CEO Jen-Hsun Huang; chipmaker shares higher after Taiwanese supplier Foxconn reports record revenue from strong artificial intelligence demand; and Super Micro Computer (SMCI) rose further in premarket trading after surging nearly 11% on Friday. Here’s what investors need to know today.

1. Investors await employment data as they mark shortened trading week

Investors are bracing for another shortened trading week The market is closed on Thursday The nation mourns former U.S. President Jimmy Carter. The federal government will also be closed for the day, and bond markets may end trading early. Market watchers will have important labor market data this week, including private sector payrolls, initial jobless claims and the December jobs report. Investors will also pay attention Federal Open Market Committee (FOMC) Minutes of the meeting and speeches by various Fed spokespersons.

2. U.S. stock futures higher after a week of losses

U.S. stock futures higher despite major indexes recording losses last week Earnings due Friday. Nasdaq and S&P 500 Index Futures rose about 1% and 0.8% respectively after ending five sessions of decline on Friday, while Dow Jones Industrial Average Futures rose 0.4% after ending a four-game losing streak in the previous session. Bitcoin (Bitcoin USD) rose 1% to nearly $100,000, while the 10-year Treasury yield was little changed at about 4.6%. Oil futures were slightly higher, while gold futures were little changed.

3. Nvidia CEO Jensen Huang will deliver a keynote speech at CES today

investors expect keynote speech From NVIDIA (NVDA) Chief Executive Officer (CEO) Jen-Hsun Huang was at the CES trade show in Las Vegas today. Analysts expect Huang’s comments to be Potential growth catalysts For chip manufacturing giants, keeping an eye on the company’s Blackwell GPUused to generate electricity Artificial Intelligence (AI) The process is like Large Language Model (LLM). Nvidia shares rose 2% in premarket trading.

4. Foxconn’s record revenue drives chip stocks higher

Shares of the chipmaker were higher in premarket after Taiwan’s Foxconn, a supplier to several top companies. Fourth-quarter revenue hits record high Continued demand for artificial intelligence products. AMD Semiconductor Corporation (AMD) and Micron Technology (exist) shares rose 3% and 4.5% respectively. In addition, TSMC’s U.S.-listed stocks (TSM) and ASML Holdings (ASML), a Dutch company that makes semiconductor manufacturing machinery, rose 5% and 6% respectively.

5. Super Micro Computer shares rise further after surging on Friday

AMD stock (SMCI) rose 5% in pre-market trading Riding on the momentum At the end of the previous trading week. Supermicro shares soared nearly 11% on Friday, while Microsoft (Microsoft Corporation) announce it Plans to spend approximately US$80 billion AI data centers this fiscal year, a move that could benefit the server maker through increased partnerships and hardware sales. Following a plunge in the second half of 2024 on fears of possible delisting from Nasdaq accounting issuesSupermicro stock regained momentum, rising 7% for the year. Microsoft shares rose 1%.