U.S. stock futures are pointing higher on news of U.S.-China trade talks; the Federal Reserve is expected to leave interest rates unchanged as it concludes its two-day meeting today; Disney (DIS) stock is jumping in premarket trading after the company delivered better-than-expected results and lifted its full-year profit forecast; U.S.-listed shares of Novo Nordisk (NVO) are rising even though the Danish pharmaceutical maker lowered its full-year outlook; and Uber Technologies (UBER) stock is falling after the ridesharingও firm missed revenue and gross bookings estimates. Here's what investors need to know today.
ꦍ 1. US Stock Futures Point Higher on News of U.S.-China Trade Talks
U.S. stock futures are pointing higher on news that 澳洲幸运5开奖号码历史查询:the꧙ U.S. and China woul🀅d begin trade talks, while market watchers prepare for today's Federal Reserve interest-rate decision. 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average, 澳洲幸运5开奖号码历史查询:S&P 500, and Nasdaq futures all are about 0.6% higher after indexes fell for a 澳洲幸运5开奖号码历史查询:second straight session yesterday. Bitcoin (BTCUSD) is surging 2% to tꦑrade at aroun✱d $97,000. Yields on the 10-year Treasury note are little changed. Oil futures are rising while gold futures are declining.
2. Federal Reserve to Announce Interest-Rate Decision༺ Today𓄧
The Federal Reserve is expected to 澳洲幸运5开奖号码历史查询:keep interest rates unchanged from their current range of 4.25% to 4.5% when it concludes its two-day meeting at 2 p.m. ET. Investors will be listening to the following press conference from Fed Chair Jerome Powell for indications on when the central bank may lower the federal fu꧂nds rat💛e. The Fed's decision comes as President Donald Trump has pressured Powell and the central bank to lower interest rates, which he says will 澳洲幸运5开奖号码历史查询:help boost the economy as he begins to implement his tariff policies.
3. Disn🎶ey Stock Soars on Better-Than-Expected Res⭕ults, Profit Outlook Lift
Shares of The Walt Disney Company (DIS) are surging 6% in premarket trading after the media and entertainment giant delivered better-than-expected fiscal second-quarte💦r results as it grew its subscriber ranks. Disney reported adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $1.45 on revenue of $23.62 billion, while 澳洲幸运5开奖号码历史查询:analysts had expected $1.20 and $23.17 billion, respectively, per Visible Alpha. The company reported growing its Disney+ streaming service subscriber base to 126.0 million, better than the 123.6 million that analysts had expected, and raised its full-year adjusted EPS outlook to $5.75, which would represent a 16% increase from fiscal 2🐼024.
4. Novo Nordisk Stock Jumps Despite Low🌜e🔯red Full-Year Outlook
U.S.-listed shares of Novo Nordisk (NVO) are rising 5.5% in premarket trading even though the Danish pharmaceutical firm 澳洲幸运5开奖号码历史查询:lowered its full-year outlook. The maker of blockbuster weight-loss drugs Wegovy and Ozempic now sees year-over-year sales growth of 13% to 21% and operating profit growth of 16% to 24% at constant exchange rates for 2025, down from prior forecasts of 16% to 24% and 19% to 27%, respectively. Novo Nordisk reported mixed first-quarter results, with EPS beating Visible Alpha estimates but net sales missing them.
5. Uber Stock Falls as Q1 Gross Bookings, Revenu🎃e Come🧜 Up Short
Uber Technologies (UBER) stock is falling about 3.5% in premarket trading after the ridesharing firm's first-quarter gross bookings and revenue fell short of esti♓mates. Uber reported EPS of $0.83 on revenue that increased 14% year-over-year to $11.53 billion. Analysts surveyed by Visible Alpha had expected $0.49 and $11.59 billion, respectively. Gross bookings were $42.8💯2 billion, while analysts were looking for $42.99 billion. Uber shares entered the da𒀰y up more than 40% this year.