5 Things to Know Before the Stock Market Opens
Stock futures rose on Friday morning, rising after yesterday’s sell-off over the strength of the technology sector and tariff costs; inflation is expected to decline with the release of today’s personal consumption expenditure price index; Dell (Dell) and hp (HPQAI Stalwart Nvidia’s stocks (technology stocks) are still under pressure (technology stocks) (stocks) (stocks) fall (NVDA) Income is weighing on the market; President Donald Trump says tariffs on Canada, China and Mexico will continue; Bitcoin (btcusd) fell below $80,000 to eliminate most of the gains since Trump registered in November’s election.
This is what investors need to know today.
1. Technology-based stock futures points are higher, tariff sales
Stock futures are getting higher as investors seek inflation data in yesterday’s revenue data Concerns about selling tariffs and technology. Futures Trading and S&P 500 The benchmark index was above 0.3% after falling 1.6% in Thursday’s trading. Those with Nasdaq The higher number was higher after the loss of 2.8% yesterday, while Dow Jones Industrial Average– After yesterday’s immersion, the link futures also rose. Despite the early rise, major market indices are expected to decline in February. The yield on 10-year bonds is about 4.285%, while oil futures are down by more than 1%. Gold futures also fell.
2. Inflation is expected to drop in the January PCE report
Market participants will be released after the 8:30 a.m. ET schedule. Personal consumption expenditure (PCE) report for January. According to an economist’s survey Wall Street Journal and Dow Jones News. That’s lower than December rates But it is still higher than the Fed’s inflation target. The Fed cites Worry about continuing to increase inflation When it decided last month No more interest rates.
This is more Investopedia exist What to expect From the report.
3. The technology stocks sold by NVIDIA LEAD are sinking
Follow Nvidia Transaction yesterdaywhile some computer sellers beat quarterly earnings estimates, some technology stocks in the former market transactions are lower. Dell’s share price fell by about 4%, after its earnings report showed that PC manufacturers had high quarterly revenue. Artificial Intelligence (AI) Infrastructure, but its 7% revenue increase was lower than analysts’ expectations. HP shares fell 3% after surpassing expectations in the quarter, but Low earnings prospects More than analysts’ predictions. After Nvidia shares fell more than 8% yesterday, there was little change in early trading.
4. Trump sets a date for Canada, Mexico tariffs are a strategy for economic advisers to see “reindustrialization”
Trump announces 25% tariff Products made in Canada and Mexico It will take effect yesterday on March 4. Petroleum products from Canada will be taxed 10%. On top of that, Trump said he would increase tariffs on Chinese products by 10% and impose 10% tariffs in early February. Trump’s nominee Stephen Miran, chairman of the White House Economic Advisory Committee, said at a Senate hearing We will “reindustrialize” By taxing foreign imports, reduce corporate regulations and develop the defense industry.
5. Bitcoin is below its lowest level since $80,000 to November
Bitcoin (btcusd) Prices fell below $80,000 for the first time since early November, eliminating almost all gains after Trump’s re-election. Cryptocurrency falls coincide with wider market sell-offs Investors weigh economic uncertainty. The sell-off also hurts crypto-related stocks: Bitcoin Buyer Strategy ((MstrThe company, formerly known as MicroStrategy, fell about 3% in pre-sale deals after a drop of nearly 9% in the last meeting. Stocks of crypto brokerage firm Coinbase Global (coin) and Bitcoin mining company Mara Holdings (Mara) and riot platform (riot) has dropped by about 3% recently.