5 Issues to Know Earlier than the Inventory Market Opens

U.S. inventory futures are ticking decrease after markets ended final week on a bitter observe and Treasury yields remained elevated; Boeing (BA) inventory is falling in premarket buying and selling after one in every of its 737-800 planes crashed in South Korea; Tesla (TSLA) shares are transferring decrease forward of its deliveries report later this week; November pending house gross sales are anticipated to gradual from the tempo set within the prior month; and bitcoin-related shares MicroStrategy (MSTR), Coinbase World (COIN), Riot Platforms (RIOT), and MARA Holdings (MARA) are decrease because the cryptocurrency hovers beneath $94,000. Here is what traders have to know right now.

1. US Inventory Futures Level Decrease to Begin Vacation-Shortened Week

U.S. inventory futures are pointing decrease as traders put together for one more holiday-shortened week following a disappointing ending to the prior week. Nasdaq futures are 0.2% decrease after the tech-focused index shed 1.5% Friday. Dow Jones Industrial Common and S&P 500 futures are down by the same quantity after posting bigger declines to shut final week. The dip comes as traders start to lose religion in a so-called Santa Claus rally. Yields on the 10-year Treasury observe are down barely however proceed to hover round 4.6%. Bond buying and selling will finish early Tuesday and inventory and bond markets might be closed Wednesday for New 12 months’s Day.

2. Boeing Inventory Decrease After South Korean Airline Crash

Boeing (BA) inventory is down about 3% in premarket buying and selling after one in every of its 737-800 planes crashed in South Korea, killing 179 of the 181 folks on board the Jeju Air flight. The crash comes because the U.S.-based plane maker has suffered a string of setbacks this yr, together with a machinists strike and a door plug detach throughout an Alaska Airways flight. The corporate was nonetheless struggling to get well from deadly 737 MAX crashes in 2018 and 2019, and its shares have fallen 30% this yr regardless of displaying some restoration in December.

3. Tesla Inventory Decrease as Traders Look Forward to Deliveries Information

Tesla (TSLA) inventory is 2% decrease in premarket buying and selling after declining the prior two periods as traders stay up for the electrical automobile (EV) maker’s fourth-quarter supply report later this week. Analysts anticipate that Tesla will publish deliveries of 510,000 models, which might symbolize 10% progress from the prior quarter and 5% year-over-year enchancment. Because the Nov. 5 presidential election, Tesla shares have surged greater than 70% on expectations that CEO Elon Musk’s ties to President-elect Donald Trump will profit the automaker. The inventory closed Friday at $431.66, down practically 12% from its all-time excessive of $488.54 set on Dec. 18.

4. Pending House Gross sales Information Highlights Housing, Development Experiences This Week

Traders will nonetheless be following some financial information throughout this shortened buying and selling week, with a number of items of housing and development information on faucet. The Nationwide Affiliation of Realtors (NAR) Pending House Gross sales Index is predicted to have risen by 0.7% in November when that information is launched at 10 a.m. ET right now, lower than October’s better-than-expected 2% leap. Traders may also get readings of the S&P Case-Shiller House Value Index on Tuesday and development spending information on Thursday.

5. Crypto Shares Decrease as Bitcoin Hovers Under $94,000

Bitcoin (BTCUSD) continues to commerce beneath $94,000 after the cryptocurrency pulled again from the $100,000 degree final week. Going into 2025, some analysts are optimistic that bitcoin may prime $200,000 because it will get optimistic therapy from the incoming Trump administration. Nevertheless, the current value swoon has additionally affected cryptocurrency-affiliated firms. Shares of bitcoin purchaser MicroStrategy (MSTR) are 2% decrease in premarket buying and selling after declining 3% Friday, whereas these of bitcoin miners Riot Platforms (RIOT) and MARA Holdings (MARA) and crypto trade Coinbase World (COIN) are also down.