U.S. stock futures are edging lower after a tech selloff yesterday; investors are preparing for markets to close tomorrow for the funeral of former U.S. President Jimmy Carter; Moderna (MRNA) shares are rising further after soaring on optimism about its experimental bird-flu vaccine; bitcoin (BTCUSD) and crypto-related stocks are falling after labor market data dimmed hopes of 澳洲幸运5开奖号码历史查询:Federal Reserve rate cuts; and Palantir Technologies (PLTR) shares are falling further after analysts ra🦩ised worries over the AI-focused software firm's valuation. Here's what investors need to know today.
ꦆ 1. US Stock Futures Point Lower After Tech S⛄elloff
U.S. stock futures are pointing lower after a 澳洲幸运5开奖号码历史查询:tech selloff sent indexes lower Tuesday. Nasdaq futures are down 0.4% in early trading after falling 1.9% yesterday, while 澳洲幸运5开奖号码历史查询:S&P 500 and 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average futures also are down slightly. Yields on the 10-year Treasury note are higher at above 4.7%. Oil futu𝓀res are higher while gold futures are slightly lower.
2. Stock Markets to Close Thursday for Jimmy Carter's Funeral
Stock markets, as well as federal government agencies, will be 澳洲幸运5开奖号码历史查询:closed on Thursday for the national day of mourning for former U.S. President Jimmy Carter, while bond markets will close early at 2 p.m. ET. Carter, the 39th president, 澳洲幸运5开奖号码历史查询:died Dec. 29 at the age of 100. As a result of the closures, the weekly initial jobless claims report 澳洲幸运5开奖号码历史查询:will be released today, along with the Census Bureau's wholesale inventories report.
3. Moderna Stock Rises Furtheꦡr After Soaring on Optimism Over Bird-Flu Vaccine
Shares of drugmaker Moderna (MRNA) are up a further 1.4% in premarket trading after a 澳洲幸运5开奖号码历史查询:12% jump yesterday on optimism that its experimental 澳洲幸运5开奖号码历史查询:H5N1 bird-flu vaccine could boost sales after the first U.S. death linked to the disease was reported. In recent years, the drugmaker's 澳洲幸运5开奖号码历史查询:sales have contracted amid dwindling demand for its C♍OVID-19 vaccine, with the stock losing half of its value over the past year.
4. Bitcoin Falls a꧅s Strong Labor Report Dims Rate-Cut Hopes
Bitcoin (BTCUSD) is 澳洲幸运5开奖号码历史查询:down about 2% to trade at roughly $95,000 after a 澳洲幸运5开奖号码历史查询:strong job openings report yesterday undercut optimism that the Federal Reserve would continue to cut interest rates. The digital currency had 澳洲幸运5开奖号码历史查询:moved above $100,000 on Monday for the first time in nearly three weeks, but on Tuesday the cryptocurrency fell from an overnight high of nearly $103,000. Bitcoin buyer MicroStrategy (MSTR) shares are down 3% in premarket trading after falling 10% in the prior session. Crypto exchange giant Coinbase Global (COIN) stock is 2% lower after an 8% slide yesterday, while bitcoin miner Marathon Holdings (MARA) is down 3%.
5. Palantir Stoꦗck Sinks as Analysts Worry About Valuatioౠn
Palantir Technologies (PLTR) stock is 3% lower in premarket trading after the 澳洲幸运5开奖号码历史查询:artificial intelligence (AI)-focused software firm shed nearly 8% of its value in the prior session. Tuesday's decline came after 🥂澳洲幸运5开奖号码历史⛎查询:Morgan Stanley analysts expressed worries about the stock's valuation following the massive 2024 run-up that made Palantir the top performer in the 澳洲幸运5开奖号码历史查询:S&P 500 last year. Shares have fallen more than 12% over the lastಌ two trading days.