President Donald Trump issues executive orders on inflation, energy, and immigration after taking office but pushes off action on tariffs until next month; U.S. stock futures are pointing higher as investors react to Trump's actions and ready for corporate earning reports; Netflix (NFLX) stock is moving higher in premarket trading as the streaming giant prepares to report quarterly results after the bell; bitcoin (BTCUSD) pulls back from its all-time high set on a volatile Inauguration Day; and Apple (AAPL) stock is𓄧 ♕lower after a rating downgrade on phone sales worries. Here's what investors need to know today.
1. Trump Issues Slew of Executive🧔 Orders But Holds Off on Tariffs
President Donald Trump 澳洲幸运5开奖号码历史查询:issued several executive orders after his inauguration Monday but did not include tariffs he previously threatened to impose on 澳洲幸运5开奖号码历史查询:"Day One" of his presidency. Still, Trump said he could enact tariffs of 25% on Mexico and Canada on Feb. 1. Trump also 澳洲幸运5开奖号码历史查询:signed an order grantꦅing Chinese-owned social media app TikTok 75 days to find a U.S. owner before a ban is enacted here.
2. US Stock Futures Point Higher as Investors Rea🐽ct to Trump
U.S. stock futures are pointing higher as investors react to Trump's inauguration and anticipate 澳洲幸运5开奖号码历史查询:corporate earnings reportsꩵ this week. Nasdaq futures are up 0.4% after the tech-heavy index 澳洲幸运5开奖号码历史查询:rose 1.5% Friday. 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average and 澳洲幸运5开奖号码历史查询:S&P 500 futures are higher by roughly similar percentages. Yields on the 10-year Treasury note areಌ down, trading under 4.6%, while the U.S. dollar is lower against a basket of currencies. Oil futures are more than 2% lower, while gold♏ futures are down 0.5%.
3. Netflix Stock Gains Ahead of Earnings Report
Netflix (NFLX) stock is up about 1% in premarket trading as investors prepare for the streaming giant to 澳洲幸运5开奖号码历史查询:report earnings after markets close today. Analysts expect Netflix to report 15% year-over-year revenue growth to $10.13 billion and for earnings to climb to $1.84 billion, or $4.23 per share, from $937.8 million, or $2.11 a share, according to Visible Alpha. Netflix's report will be the first that won't include 澳洲幸运5开奖号码历史查询:quarte🥃rly updates of subscriber levels. The stock is up more than 75% over the past 12 months.
4. Bitcoin Pulls Back From Aꦫll-Time High on Volatile Inauguration Day
After surging 澳洲幸运5开奖号码历史查询:above $109,000 ahead of Trump's inauguration, bitcoin (BTCUSD) 澳洲幸运5开奖号码历史查询:pulled back꧅ from its n♊ew all-time high after he didn't mention cryptocurrency in his inaugural address. Still bitcoin recently was trading at over $104,000, up 2% early Tuesday. The cryptocurrency price volatility comes after Trump and First Lady Melania Trump launched 澳洲幸运5开奖号码历史查询:meme coins ahead of the inauguration. Shares of bitcoin buyer MicroStrategy (MSTR) are down less than 1% in premarket trading, while those of crypto exchange Coinbase (COIN), bitcoin miner Mara Holdings (MARA), and Riot Platforms (RIOT) are higher.
5. Apple Sto🅰ck Sli💯ps on Rating Downgrade Over Sales Worries
Apple (AAPL) shares are nearly 2% lower in premarket trading after analysts at Jefferies downgraded the tech giant's stock to "underperform" from "hold" on 澳洲幸运5开奖号码历史查询:worries of flagging iPhone sales amid stunted demand for their 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) features. According to a MarketWatch report, the Jefferies note took a cautious view on upcoming earnings reports and set Apple's price target for $200.75, lower than its Friday close of about $230. Apple 澳洲幸运5开奖号码历史查询:shares fell sharply last Thursday as data from research firm Can💎alys indicated the tech giant lost its coveted position as China's largest smartphone seller last year.