U.S. stock futures are pointing lower as investors ready for today's tariffs announcement expected from President Donald Trump after markets close; Tesla (TSLA) is slated to report first-quarter deliveries amid a downturn for its stock; Visa (V) reportedly is offering a payment of roughly $100 million to get Apple's (AAPL) credit card payment network business; a🍒nd USDC stablecoin issuer Circle files for an IPO. Here's what investors ♒need to know today.
1. US Stꩲock Futures Dip as Investors Await Tariffs Updates
U.S. stock futures are pointing lower following a 澳洲幸运5官方开奖结果体彩网:volatile trading session as investors await White House tariff plans expected to be announced later today. Market watchers are also following today's 澳洲幸运5官方开奖结果体彩网:private sector payrolls release ahead of Friday's job report. Nasdaq futures are 0.8% lower after the tech-focused index gained 0.9% Tuesday. 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average and 澳洲幸运5官方开奖结果体彩网:S&P 500 futures are lower by about 0.5%. Bitcoin (BTCUSD) is down slightly at around $85,♚000. The yield on the 10-year Treasury note is down below 4.15%. Oil futur💙es are down. Gold futures are slightly higher.
2. In꧟vestors Brace for Trump Tariffs Anno🔯uncement After Markets Close
President Donald Trump is set to 澳洲幸运5官方开奖结果体彩网:unveil his latest tariffs proposal at a White House event slated to start at the close of markets at 4 p.m. ET. Trump's advisers continue to hash out the details surrounding the 澳洲幸运5官方开奖结果体彩网:new tariffs he plans to implement ahead of the "Liberation Day" event, Bloomberg reported. While Trump has said he was seeking reciprocal tariffs to match import taxes on U.S.-made products, a report in The Washington Post indicated that advisers were also mulling a 20% tariff on nearly all imported products.
3. Tesla Stock Slips A꧒head of Quarterly Deliꦓveries Data
Tesla (TSLA) shares are down 2.5% in premarket trading ahead of the electric vehicle maker's expected release of its 澳洲幸运5官方开奖结果体彩网:first-quarter deliveries data this morning. Analysts expect Tesla to report 393,000 deliveries, up less than 2% year-over-year but fewer than last quarter's 澳洲幸运5官方开奖结果体彩网:495,570 vehicles. The data comes as 澳洲幸运5官方开奖结果体彩网:analysts have raised concerns that CEO Elon Musk's work with the Trump administration is creating distractions and impacting Tesla's business. Tesla shares ha🔯ve shed one-t🔯hird of their value in 2025.
4. Visa Offers Apple $100M to Take Over Cred🐠it Card Network, Report Says
Visa (V) is offering a payment of roughly $100 million to get Apple's (AAPL) credit card network business, according to The Wall Street Journal. The report said that Apple would select a payment provider before selecting a bank to take over its credit card from Goldman Sachs (GS), and that Visa is competing with Mastercard (MA)—which is "fiercely trying to keep its role as the network on this card"—and American Express (AXP). The Journal 澳洲幸运5官方开奖结果体彩网:previously reported that JPMorgan Chase (JPM), Synchrony Financial (SYF), Capital One (COF) and American Express were in the runni🍌ng to take over as the issuer of the credit card.
5. USDC Stablecoin Issuer Circle Files for IPO
Circle, the company behind the dollar-backed USDC 澳洲幸运5官方开奖结果体彩网:stablecoin, has 澳洲幸运5官方开奖结果体彩网:filed for a U.S. initial public o💫ffering (IPO). In its prospectus filed with the 𝓀澳洲幸运5官方开奖结果体彩网:Securities and Exchange Commission (SEC), Circle said it plans to list on the 澳洲幸运5官方开奖结果体彩网:New York Stock Exchange (NYSE) under ticker symbol "CRCL." Circle, which had previously announced plans to go public in 2021 via a SPAC merger, said its 🌱2024 net income was $155.7 million, down from $267.6 million a year earlier.