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

5 Things to Know Before the Stock Market Opens

U.S. stock futures points are lower to end the week; FedEx (FDX) After freight companies lowered their sales prospects, their stocks fell in listing transactions; Nike (slipStocks are falling as sports shoe giant warns to weaken sales; Micron Technology (muAlthough the tech company achieved better than expected, stocks are still falling; global air traffic was disrupted as London’s Heathrow Airport closed the day after the nearby fire caused a power outage. This is what investors need to know today.

1. US stock futures points are lower to the end week

U.S. stock futures have pointed at a lower point, ending the week. S&P 500 and Dow Jones Industrial Average Futures after index release decreased by 0.3% Moderate decline Yesterday, although both were higher at the pace of the week. Nasdaq Futures fell 0.4%, with the index being lower from a week to Thursday as it appears to be stealing the four-week gliding. Bitcoin (btcusd) Trade is lower, at about $84,000, while the 10-year Treasury yield fell to more than 4.2%. Oil and gold futures are falling.

2. FedEx stock dive, disappointing third-quarter profit, revenue outlook

FedEx (FDXStocks account for 8% of listed trading after stock giants report Missed expected quarterly profit It also reduces its full-year prospects. The company said it expects full-year revenue to be slightly lower year-on-year, worse than previous “about flat” forecasts. FedEx also lowered its profit outlook for the third consecutive quarter. In the third quarter of fiscal year, FedEx adjusted Earnings per share (EPS) Although its $22.2 billion revenue exceeded $4.51, its estimate is not high.

3. Nike stock sales warning drops

Nike (slipSneaker Giant warns stocks are down 6% in listing trading Sales may weaken Under the company Turnover Planand New tariffs add uncertainty. Nike CFO Matt Friend told investors that its current quarterly sales are expected to decline percentage at the low end of the “mid-year range”, with a visible Alpha estimate of 12%. Nike’s stock has dropped about 30% over the past 12 months.

4. Although the results were better than expected, the Micron technology volume declined

Micron technology (mu) Even this technology company Reported better than expected results and give optimistic guidance. Chipmakers adjusted earnings per share for the second quarter of $1.56 and revenue of $8.05 billion, a visible Alpha consensus, which is a growth in demand for strong demand as data center sales grow year-on-year. AI. Micron’s current quarterly adjusted EP and revenue outlook are also better than estimates.

5. London’s Heathrow Airport closed due to power outage due to fire

London’s Heathrow Airport, one of the busiest airports in the world, Closed on Friday The power outage was caused after a fire broke out at a nearby substation. Airport operators said the hub will be closed by Friday local time (07:59 PM ET). According to Flighttradar24, the closure caused widespread damage and more than 1,350 flights were canceled today.

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