5 Things to Know Before the Stock Market Opens Today
Top 5 Market Movers This Morning
1. U.S. Futures Slide on Tech Weakness
Tech stocks weigh on the market amid U.S.-China trade tensions. Nasdaq futures drop 1.5%, S&P 500 dips 0.8%. Dow futures are slightly down. Gold hits $3,300+ and oil ticks higher.
2. Nvidia (NVDA) Falls on China Chip Export Curbs
Shares tumble nearly 6% premarket as the U.S. imposes new export restrictions on Nvidia’s H20 AI chips. The company expects a $5.5B hit in Q1 FY26.
3. Fed Chair Powell to Speak Today
Powell is scheduled to speak at 1:30 p.m. ET. Markets await insights following recent tariff moves that could affect inflation and growth.
4. March Retail Sales Expected to Jump
Retail sales are forecast to rise 1.2% in March, signaling consumer strength despite economic uncertainty. Data drops at 8:30 a.m. ET.
5. ASML Misses on Orders and Outlook
ASML shares fall over 4% after Q1 bookings miss expectations and Q2 sales guidance comes in soft. The company cites growing macro uncertainty.
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