5 Things to Know Before the Stock Market Opens
U.S. stock futures points have lowered in a turbulent week of trading and a comment from President Donald Trump, who failed to rule out the recession. Oracle bone inscriptions (ORCL) Stocks are falling before third-quarter earnings after cloud services giants; redfin (RDFN) In the news, 75% of the digital real estate brokerage firms are being acquired by Rockets (RKT) with an equity value of $1.75 billion; and Novo Nordisk’s US listed shares (NGOsIt is declining after the latest trial results of its Cagrisema weight loss medication. This is what investors need to know today.
1. US stock futures points are lower after volatile week
US stock futures are in Weekly volatile trading Due to persistent uncertainty Impact of policies Come out of the White House and worry about the development of the US economy A big slowdown. S&P 500 Futures fell more than 1% after the index’s worst week since September. Nasdaq and Dow Jones Industrial Average The percentages for futures are similar. The yield on 10-year bonds is lower, about 4.25%. New inflation data This week. Gold futures are slipping. Oil futures are rising.
2. Trump refutes business fears and does not rule out recession
President Donald Trump rejects this weekend Tariff Policy In Canada, China, Mexico, and potential other trading partners, import taxes will bring “wealth back to the United States.” In the recording interview Fox Newsace Possibility not ruled out The damage to tariffs could lead to an economy Economic recessionthink that their economic interests may take “a little time”.
3. Oracle stock falls before after-sales earnings
Oracle bone inscriptions (ORCL) Stocks fell 1.5% in its previous trading Quarterly earnings report Plans to be released after the market closes. Cloud Services giant is forecast by analysts tracked by Visible Alpha to report a year-on-year growth of 8% to $14.38 billion and has been adjusted Earnings per share (EPS) $1.49, up nearly 6%. The company can also comment on its $500 billion Stargate Joint Venture put up Artificial Intelligence (AI) Infrastructure.
4. As a Rockets company, Redfin shares soar to acquire companies
redfin(RDFN) Stock jumped 75% in the news, a digital real estate brokerage firm acquired by Rockets (RKT) for $1.75 billion. Rocket shares fell 11% after Detroit-based mortgage lenders said they were buying Redfin for $12.50 a share. “We will work together to improve the experience by connecting different steps in the traditional search and financing process with the removal of friction, reducing costs, and increasing the value for home buyers in the United States,” said Varun Krishna, CEO of Rockets.
5. Novo Nordisk stock sinks after weight loss drug trial results
Novo Nordisk’s (NGOs) U.S. listed stocks fell 7% Phase 3 test The results of its next generation weight loss treatment. Danish drug manufacturers’ tests on angry diseases in patients with type 2 diabetes showed an average weight loss of 15.7% after 68 weeks. Compared to 22.7% In previous tests. Both results are lower than Novo Nordisk’s 25% weight loss target.