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官方开奖结果体彩网:Federal Reserve rate cuts; and Palantir Technologies (PLTR) shares ar🦂e falling further after analysts raised worries over the AI-focused software firm's valuation. Here's what investors need to know today.
1. US Stock Futures Point Lower Afಞter Tech Selloff
U.S. stock futures are pointing lower after a 澳洲幸运5官方开奖结果体彩网: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官方开奖结果体彩网:S&P 500 and 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average futures also are down slightly. Yields on the 10-year Treasury note are higher at above 4.7%. Oil 🐻futures 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官方开奖结果体彩网: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官方开奖结果体彩网: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官方开奖结果体彩网:will be released today, along with the Census Bureau's wholesale inventories report.
3. Moderna Stock Rises Furth🌜er 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官方开奖结果体彩网:12% jump yesterday on optimism that its experimental 澳洲幸运5官方开奖结果体彩网: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官方开奖结果体彩网:sales have contracted amid dwindlin♐g demand for its COVID-19 vaccine, with the stock losing half of its value 🧸over the past year.
4. Bitcoin Falls as Sꦏtrong Labor Report Dims Ratꦯe-Cut Hopes
Bitcoin (BTCUSD) is 澳洲幸运5官方开奖结果体彩网:down about 2% to trade at roughly $95,000 after a 澳洲幸运5官方开奖结果体彩网: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官方开奖结果体彩网: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 Stock Sinks as Analysts Worry Aboutℱ Valuation
Palantir Technologies (PLTR) stock is 3% lower in premarket trading after the 澳洲幸运5官方开奖结果体彩网: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官方开奖结果体彩网:Morgan Stanley analystsཧ 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官方开奖结果体彩网:S&P 500 last year. Shares have fallen more than 12% over t꧅he last two trading days.