Things to Know Before the Stock Market Opens
✅ 5 Things to Know Before the Stock Market Opens
1. Stock Futures Surge on Trump Comments
U.S. stock futures are sharply higher after President Trump said he won’t fire Fed Chair Jerome Powell and hinted at easing tensions with China. Nasdaq futures are up nearly 3%, S&P 500 up 2.3%, and Dow futures up 1.7%. Bitcoin trades around $93,500, while gold and oil futures edge lower.
2. Trump Calms Markets
Trump softened his tone, saying he has “no intention” of removing Powell and promised “friendly” trade talks with China, boosting global market sentiment.
3. EU Fines Apple and Meta $800M
The EU fined Apple ($570M) and Meta ($228M) for breaching the Digital Markets Act. Despite the fines, Apple and Meta shares are up in premarket trading amid a broad rally.
4. Tesla Rallies as Musk Refocuses on EV Business
Tesla shares are up 7% premarket after Elon Musk said he’ll dedicate more time to the company starting next month, easing concerns over his government involvement.
5. GE Vernova Pops on Strong Earnings
GE Vernova stock is jumping nearly 8% after reporting better-than-expected Q1 earnings. The company posted $0.91 EPS on $8.03B revenue and reaffirmed its 2025 outlook.
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