The American stock futures are slightly higher as investors digest the development of tariffs due to bank income; China increases its tariffs up to 125%on the US; JP Morgan Chase (JPM) shares increase premaraket trading as the bank reports better-preferred results; Gold futures hit a record high as investors want protection amidst the volatility of the stock market; And wholesale inflation is expected to be more tick in March, while the consumer spirit is expected to fall again. What investors should know today.
1. US Stock Futures Markets Eye Tariff, Bank Income is higher in the form of income
The US stock futures are marginally more indicated after the ongoing tariff anxiety is indexed on Thursday. Investors are looking for wholesale inflation and consumer spirit reports today, as well as the results of the first quarter from some of the largest banks. Tomorrow 4.3% Nasdaq futures are 0.2% higher after excuses, while S&P 500 and Dow Jones Industrial Average Futures are also slightly higher after slipping in the pre -session. Bitcusd is growing to trade more than $ 82,500. The yield on a 10 -year treasury note and oil futures changes less.
2. China tariffs up to 125% in the latest tight-for-tat
China announced that President Donald Trump said that it would increase the tariff to 125% in the US after a day when President Donald Trump said that US tariffs on Chinese goods would be raised to reach a level of 145%. China said that it would not further increase the tariff on the US, arguing that the current level would effectively exclude American goods from the Chinese markets. Stoxx Europe 600 index is decreasing because markets digest news. Asian shares closed before China’s latest step, ended up to 3% with Japan’s Nikkei and Hong Kong’s Hong Seng to 1.1%.
3. JP Morgan Result Top Estimate; Dimon has warned of ‘considerable disturbance’
After the JP Morgan Chase (JPM) shares were reported by the bank’s better-and-intake results during the warning of potential effects from the tariffs, about 1.5% higher in premarket trading. The banking giant reported income of $ 45.07 per share (EPS) on revenue of $ 45.31 billion, while analysts expected $ 4.64 and $ 43.55 billion as per the estimates compiled by visible alpha. JP Morgan CEO Jamie Dimon stated that the economy was facing “considerable disturbance” and the bank was preparing for a wide range of scenarios “.
4. Gold hits another record high because investors seek safe havens
Gold futures continue to trade at record-high levels as investors seek safe shelter from market volatility. After 4% of yellow metal increased until Thursday, the futures are above 2% at more than $ 3,200 on Friday morning. Gold Minor’s shares continue to grow in premarket trading with shares of Pneumont (NEM), Barrical Gold (Gold), and Kinaros Gold (KGC), and more than 4% 3% 3% and Gold Fields (GFI) stock (GFI) stock is more than 4% after hitting records in the pre -session.
5. Wholesale inflation saw more tick in March
Wholesale inflation is expected to increase in March when the manufacturer price index (PPI) data is released on ET at 8:30 am. Surveyed by economists The Wall Street Journal And Dow jones nuswire Forecast that wholesale trader prices were 0.2% higher than in February, when the levels were unchanged for month and month. Investors are also looking at Friday’s early Michigan Consumer Survey for April, which economists hope that it will show another decline when it is released on ET at 10 am.