{"id":1622,"date":"2025-09-04T15:52:08","date_gmt":"2025-09-04T15:52:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/1622\/"},"modified":"2025-09-04T15:52:08","modified_gmt":"2025-09-04T15:52:08","slug":"5-things-to-know-before-the-stock-market-opens","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/1622\/","title":{"rendered":"5 Things to Know Before the Stock Market Opens"},"content":{"rendered":"

U.S. stock futures are inching higher as investors monitor corporate earnings ahead of tomorrow’s jobs report; the Trump administration reportedly has asked the Supreme Court to fast-track a review of a lower court ruling that struck down many of the president’s tariffs; Salesforce (CRM<\/a>) stock is dropping in premarket trading after it offered a soft current-quarter outlook;\u00a0Broadcom (AVGO<\/a>) is set to report fiscal third-quarter results after the bell today; and Stephen Miran, Trump’s nominee for the Federal Reserve board of governors, will face a Senate hearing today. Here’s what investors need to know today.\n<\/p>\n

1. US Stock Futures Edge Higher as Investors Watch Corporate Earnings <\/p>\n

U.S. stock futures are trending slightly higher as investors watch corporate earnings<\/a> and prepare for tomorrow’s highly anticipated jobs report<\/a>. Nasdaq<\/a> futures are 0.3% higher after the tech-focused index climbed 1% in the prior session<\/a>. S&P 500<\/a> futures are higher by 0.2% after the benchmark index added 0.5% yesterday, while Dow Jones Industrial Average<\/a> futures are little changed after declining 0.1%. Bitcoin (BTCUSD<\/a>) is slipping to trade at under $111,000. Gold futures are coming off of record-high levels to trade at under $3,600 an ounce. The yield on the 10-year Treasury note is falling. Oil futures are 1.5% lower.\n<\/p>\n

2. Trump Administration Asks US Supreme Court for Quick Review on Tariffs Ruling <\/p>\n

The Trump administration has asked the U.S. Supreme Court to quickly review a\u00a0lower court ruling<\/a>\u00a0that would throw out many of President Donald Trump’s tariffs, according to reports. The administration has asked the court to make a decision to take up the case by Sept. 10 and hold arguments in November, according to\u00a0Reuters. A federal appeals court last Friday ruled that Trump exceeded his legal authority in implementing many of the\u00a0tariffs that have been imposed<\/a>\u00a0this year.\n<\/p>\n

3. Salesforce Stock Drops on Soft Current-Quarter Outlook <\/p>\n

Salesforce (CRM<\/a>) shares are down more than 7% in premarket trading after CEO Marc Benioff called the customer-relationship software firm’s\u00a0soft current-quarter outlook<\/a>\u00a0“appropriately conservative.” Salesforce reported second-quarter adjusted\u00a0earnings per share (EPS)<\/a>\u00a0of $2.91 on revenue that increased 10% year-over-year to $10.24 billion, both better than analysts polled by Visible Alpha were expecting. However, the firm\u2019s forecast for Q3 GAAP EPS of between $1.60 and $1.62 was well below the $1.83 consensus, while its revenue projection also came in soft. Salesforce shares entered Thursday 23% lower this year.\n<\/p>\n

4. Broadcom Set to Report Earnings Amid Uncertainty Over China Business <\/p>\n

After the bell today, AI chipmaker Broadcom (AVGO<\/a>) is set to report fiscal third-quarter results<\/a>, which follow Nvidia’s report last week that showed uncertainty around China sales<\/a>. Broadcom, which Oppenheimer analysts have called the “No. 2 AI franchise” after Nvidia, could face similar challenges related to its large exposure to China\u2014as well as benefit from AI tailwinds. Broadcom shares, which entered Thursday 30% higher this year, are up less than 1% in premarket trading.\n<\/p>\n

5. Senate to Hold Confirmation Hearing on Trump Fed Nominee Today <\/p>\n

President Trump’s nominee to fill an open seat on the Federal Reserve’s board of governors, Stephen Miran, will go before the Senate Banking Committee today, and he is likely to face questions over the policies and proper role of the central bank. Miran, the current chair of the White House Council of Economic Advisers<\/a>, was nominated to fill the remainder of Fed Governor Adriana Kugler’s term, which ends Jan. 31, after she unexpectedly announced her resignation<\/a> in early August. The nomination gives Trump an opportunity to put a loyalist on the central bank’s rate-setting committee ahead of its next meeting on Sept. 16-17.<\/p>\n","protected":false},"excerpt":{"rendered":"U.S. stock futures are inching higher as investors monitor corporate earnings ahead of tomorrow’s jobs report; the Trump…\n","protected":false},"author":2,"featured_media":1623,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[138,220,111,139,69],"class_list":{"0":"post-1622","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/1622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=1622"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/1622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/1623"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=1622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=1622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=1622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}