U.S. stock futures are rising after indexes plunged yesterday on political and economic uncertainty; Magnificent 7 stocks are gaining in premarket trading, led by Nvidia (NVDA) and Meta Platforms (META); Tesla (TSLA) reportedly is planning to launch a low-cost version of its Model Y in China; gold crossed the $3,000 threshold as traders look for safe havens; and Ulta Beauty (ULTA) shares a🐽re jumping after the retailer reported stronger-than-expected quarterly r𓃲esults. Here's what investors need to know today.

1. USღ Stock Futures Advance After Selloff as Investors Watch fo💝r Consumer Data

U.S. stock futures are pointing higher as investors look to move past 澳洲幸运5开奖号码历史查询:another market selloff on tariff concerns and political uncertainty, and focus on this morning's release of 澳洲幸运5开奖号码历史查询:consumer sentiment data. Nasdaq futures are 1.2% higher after the index declined 2% Thursday. 澳洲幸运5开奖号码历史查询:S&P 500 futures are up almost 1% after the index closed in correction territory yesterday, and 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average futures are 0.6% higher after also posting losses in the prior session. Bitcoin (BTCUSD) is more than 2% h🦂igher to trade above $83,000. Treasury yields and oil futures ♔also are up.

2♚. Magnificent 7 Stocks Rebound After Tech Selloff

澳洲幸运5开奖号码历史查询:Magnificent 7 stocks are rebounding in premarket trading after the 澳洲幸运5开奖号码💝历史查询:tech-focused group of stocks plunged during yesterday's selloff. Nvidia (NVDA) shares, which have dropped 14% so far this year, are 2% higher after dipping slightly in the prior session. Amazon (AMZN), Alphabet (GOOGL) and Meta Platforms (META) were each higher by nearly 2%, while Microsoft (MSFT) and Apple (AAPL) edged slightly higher. Tesla (TSLA) shares also are gaining (see below).

3. Tesla Planning Low-Cost Model🔯 Y for Chinese Market, Repor𒉰t Says

Tesla shares are nearly 2% higher in premarket trading after a report that it is planning a low-cost version of its Model Y for the Chinese market. The crossover SUV will be smaller and cost 20% less to produce at the 澳洲幸运5开奖号码历史查询:electric vehicle (EV) maker's plant in Shanghai, according to Reuters. The move comes as Tesla has lost ground in its second-largest market amid a price war. Shares of Tesla, whose Model Y retails in China starting at 263,500 yuan ($36,430), have 澳洲幸运5开奖号码历史查询:fallen back to pre-election levels. 

4. Gold Hits $3,000 for First Time

Gold futures have hit a record-high price of more than 澳洲幸运5开奖号码历史查询:$3,000 an ounce, crossing a milestone threshold for the precious metal as investors move to the 澳洲幸运5开奖号码历史查询:safe-haven asset amid 澳洲幸运5开奖号码历史查询:increasing economic uncertainty. The 澳洲幸运5开奖号码历史查询:yellow metal, which is often sought by investors during turbulent periods, has hit new high marks several times recently, surging amid 澳洲幸运5开奖号码历史查询:escalating tariffs threats and 𝕴weakening economic dat🥀a. Gold futures are nearly 15% higher year-to-date.

5. Ult🧸a Beauty Stock S⛎urges on Better-Than-Expected Q4 Results

Ulta Beauty (ULTA) shares are surging 6.5% in premarket trading after the cosmetic product chain posted better-than-expected fourth-quarter results. The retailer reported 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $8.46 on net sales of $3.49 billion, ahead of Visible Alpha estimates of $7.13 and $3.46 billion, respectively. 澳洲幸运5开奖号码历史查询:Comparable sales growth of 1.5% surpassed expectations of a 0.8% increase. Investors shrugged off the company's 2025 outlook, whicꦐh came in lower than projections. Ulta shares had fallen nearly 45% in the past 12 months entering Friday.