Stock futures edged higher Friday morning, rising after yesterday’s selloff driven by concerns over tech-sector strength and tariff costs; inflation is expected to decline slightly with today’s release of the Personal Consumption Expenditures price index; Dell (DELL) and HP (HPQ) shares were falling as tech stocks remained under pressure after AI stalwart Nvidia's (NVDA) earnings weighed on markets; President Donald Trump said tariffs on Canada, China and Mexico would proceed; bitcoin (BTCUSD) dropped below $ဣ80,000 to wipe out most of the gains registered sin൲ce Trump’s election in November.

Here's what investors need to know today.

1. Stock Fu🐓tures Point Higher After Tech, Tariff Selloff

Stock futures pointed higher as investors looked to inflation data following yesterday’s 澳洲幸运5开奖号码历史查询:selloff on tariff and tech worries. Futures trading associated with the 澳洲幸运5开奖号码历史查询:S&P 500 was higher by around 0.3% after the benchmark index shed 1.6% in Thursday trading. Those associated with the Nasdaq were higher by a similar amount after it lost 2.8% yesterday, while 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average-linked futures also rose a𝕴fter dipping yesterday. Despite the early uptick, major market indexes were poised to move lower for the month of February. Yields on the 10-year Treasury note were around 4.285%, while oil futures were lower by more than 1%. Gold futures also fell.

2. I꧒nflation Expected to Decline in January🧸 PCE Report

Market participants will be closely following the 8:30 a.m. EST planned release of the Personal C൲onsumption Expenditures (PCE) report for J🤡anuary. The data is expected to show inflation came in at an annual rate of 2.5% for the month, according to a survey of economists by The Wall Street Journal and Dow Jones Newswires. That’s a tick lower than 澳洲幸运5开奖号码历史查询:December’s rate but still above the Federal Reserve’s inflation target. The Fed cited 澳洲幸运5开奖号码历史查询:worries over continued elevated i✨nflation when it decided last month to 澳洲幸运5开奖号码历史查询:not lower interest rates again.

Here's more from Investopedia on 澳洲幸运5开奖号码历史查询:what to expect from the report.

3. Tech Stocks Sinking As Nvidia Leads Sell Off

Following Nvidia’s 澳洲幸运5开奖号码历史查询:plunge in trading yesterday, several technology stocks were lower in premarket trading despite some computer sellers beating quarterly earnings estimates. Shares of Dell were lower by about 4% after its earnings report showed that the PC maker had strong quarterly income on the growing demand for 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) infrastructure, but its 7% revenue improvement was lower than analysts expected. HP shares were down about 3% after it beat expectations this quarter, but its 澳洲幸运5开奖号码历史查询:earnings outlook was lower than analysts' forecasts. Nvidia shares were little changed in early trading♏ after plungi𒀰ng by more than 8% yesterday.

4. Trump Sets Date for Canada, 🐼Mexico Tariffs as Economic Adviser Sees ‘Reindustrialization’ Strategy

Trump’s announcement that a 25% tariff on 澳洲幸运5开奖号码历史查询:products made in Canada and Mexico will go into effect on March 4 weighed on markets yesterday. Oil products from Canada will be taxed at 10%. On top of that, Trump said he would put an additional 10% tariff on products from China, adding to a 10% tariff he imposed in early February. Stephen Miran, Trump’s nominee to chair the White House's Council of Economic Advisors, said in a Senate hearing that the 澳洲幸运5开奖号码历史查询:U.S. would "reindustrialize" by taxing foreign imports, reducing regulationsꦡ for businesses and developing the defense industry.

5. Bitcoin Falls Below ♛$80,000 to Lowest Levels Since ♕November

Bitcoin’s (BTCUSD) price fell below $80,000 for the first time since early November, wiping out nearly all the gains that followed Trump's reelection. The cryptocurrency’s fall coincided with the broader market selloff as 🌸澳洲幸运5开奖号码历史查询:investors weigh economic uncertainty. The selloff is hurting crypto-related stocks as well: 澳洲幸运5开奖号码历史查询:Bitcoin buyer Strategy (MSTR), the company formerly called MicroStrategy, was down about 3% in premarket trading after registering a nearly 9% fall in the prior session. Shares of crypto brokerage Coinbase Global (COIN) and bitcoin mining firms Mara Holdings (MARA) and Riot Platforms (RIOT) were recently down around 3%.