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Futures for U.S. stock indices are climbing as traders evaluate financial disclosures from technology firms while monitoring inflation statistics and the latest news on tariffs. The Personal Consumption Expenditures (PCE) price index is projected to indicate a rise in inflation for the third month in a row in December. In spite of underwhelming iPhone sales, shares of Apple (AAPL) are increasing in pre-market activity owing to unprecedented revenue and earnings. Intel (INTC) stocks have also gained after the semiconductor manufacturer reported a quarterly deficit that was less severe than anticipated by the market. President Trump has revealed intentions to implement a 25% import tariff on Mexico and Canada commencing Saturday, although petroleum products might be excluded. Below are the crucial points investors should concentrate on today.
1. U.S. Stock Index Futures Increase as Traders Observe Inflation and Tariff Updates
U.S. stock index futures are advancing as traders evaluate earnings results from the technology sector and await information on U.S. inflation and international import tariffs. Nasdaq futures climbed by 0.8%, with S&P 500 and Dow Jones Industrial Average futures also recovering after previous session gains. Gold and oil futures exhibited minimal fluctuations, while the yield on 10-year Treasury notes rose slightly. Bitcoin (BTCUSD) remains near the $105,000 threshold.
2. PCE Data Anticipated to Indicate Increasing Inflation in December
The PCE figures for December are expected to be published at 8:30 AM EST, suggesting inflation has increased for the third consecutive month. Economists polled by The Wall Street Journal and Dow Jones predict the index will reflect a 2.6% rise in prices compared to the same timeframe last year, up from 2.4% in November. The PCE is the Federal Reserve’s favored gauge of inflation, and earlier this week, the Fed remarked that elevated inflation is one of the reasons interest rates remain unchanged.
3. Apple Stocks Soar Due to Unprecedented Revenue and Earnings
Apple Inc. (AAPL) experienced a 4% increase in its stock during pre-market trading, even amid a decline in iPhone sales, as it announced record quarterly earnings. The technology behemoth reported a 4% rise in revenue compared to the previous year, reaching an unprecedented $124.3 billion, which met the expectations set by analysts from Visible Alpha. Profits reached $36.3 billion, setting a new record of $2.40 per share, exceeding market predictions. Analysts voiced worries regarding the drop in iPhone market share in China, although CEO Tim Cook pointed out that the rate of iPhone upgrades had sped up during this timeframe. Thriving & Declining Real Estate Markets: An Examination of American House Values
Intel’s stock (INTC) rose by 1.3% in pre-market trading following the chipmaker’s announcement of results that surpassed expectations. Intel revealed a loss of $100 million, equivalent to 3 cents per share, with revenue declining 7% year-over-year to $14.3 billion. The company’s foundry segment, which produces chips for other companies, brought in $4.5 billion in revenue, surpassing estimates from Visible Alpha. Interim co-CEOs Michelle Johnston Holthaus and David Zinsner noted that the fourth quarter showed signs of improvement in reversing Intel’s situation, partly due to cost-reduction strategies.
President Donald Trump has pledged to move forward with plans to impose a 25% tariff on the two largest trading partners of the United States, Canada and Mexico. Trump indicated that these tariffs are intended to motivate both nations to reduce the influx of drugs and immigrants into the U.S. and to tackle the trade imbalance with them. However, he mentioned that the application of tariffs on oil imports from these nations would depend on how Canada and Mexico treat the United States and the fairness of oil pricing, as reported by CNBC. Whale Notice: $3.1 Million USDC Sent to Hyperliquid for $HYPE Purchase
