5 Things to Know Before the Stock Market Opens
U.S. stock futures points are higher after the index extends its Tuesday sell-off; U.S. steel and aluminum tariffs are launched; CPI data released this morning is expected to indicate a slowdown in February inflation. Intel(INTC) In a report by Taiwan’s semiconductor manufacturing company, the stock is being traded (TSM) is organizing a joint venture that takes over the founders of struggling chip manufacturers; and Adobe (adbeAfter the end, revenue and profit growth in the first quarter is expected to be reported. This is what investors need to know today.
1. U.S. stock futures earnings after index extension sell-off
After indexing, U.S. stock futures point higher Expanded their sale Tuesday. Nasdaq Futures are nearly 1% higher, and S&P 500 and Dow Jones Industrial Average Futures rose 0.9% and 0.6% respectively. Bitcoin (btcusd) Nearly less than $83,000 change, while 10-year Treasury yields are slightly higher than 4.3%. Oil futures are about 1% higher. Gold futures are flat.
2. EU hits as US steel as aluminum tariffs
Tariff for everyone 25% Steel and aluminum imports Entering the United States will take effect today, in addition to possible import taxes Increase costs for automakershome builder, equipment production and packaging. Today’s implementation comes after a turbulent trade fair, during which the U.S. and Canada threaten to add higher tariffs before backing up. this European Union Announced 26 billion euros (USD 28 billion) Retaliatory tariffs EU President Ursula von der Leyen said opposition to the United States “is matched the economic scope of U.S. tariffs.”
3. CPI data is expected to show inflation slowing slightly in February
Inflation in February is It is expected to slow down slightly When the data was released today at 8:30 a.m. ET. this Consumer Price Index (CPI) It is expected to show inflation rose by 2.9% in February, 3.0% lower than January’s reading rate. Wall Street Journal and Dow Jones News. Reading is before next week Fed Interest rate decisions, where will the central bank be Consider inflationary pressure When assessing where to set the borrowing cost.
4. Intel Stock Jumps on Foundry Joint Venture Report
Intel(INTC)share Soaring 8% In the listing deal, a report said a group of companies could take over the struggled foundry of chipmakers. Reuters Report on Taiwan Semiconductor Manufacturing Company (TSM) has contacted American chip designer Nvidia (NVDA), advanced micro-equipment (AMD) and Broadcom (avgo) Establish a joint venture to own and operate Intel’s foundry division. according to ReutersThe Trump administration has sought help from TSMC to reverse Intel, whose stock has lost 55% of its value in the past 12 months.
5. First-quarter revenue is expected to be reported, Bell’s profit growth after
Adobe(adbe)expect Release its first quarter results Graphics software manufacturers are expected to show improved revenue and profit after the bell ends today Artificial Intelligence (AI) product. Creative Cloud developers are expected to report adjustments Earnings per share (EPS) That revenue rose 11% year-on-year to $4.97, up 9% to $5.66 billion. The report is ahead of next week’s Adobe summit, and the company is expected to offer more updates on its Firefly Generation AI platform. Adobe stock trading rose 0.7%.