Investors should be aware of the following five important points before the trading day begins:
1. Weary of Febru As markets enter the last trading day of the month, stock futures are up Friday. The S&P 500 and Dow Jones Industrial Average have each lost about 3% of their value in February, while the Nasdaq Composite has fallen more than 5.5%.
2. Marching on Tuesday, President Donald Trump will follow through on his pledge to impose 25% tariffs on Canada and Mexico.
3. Impeded At least five enforcement cases have been withdrawn by the Consumer Financial Protection Bureau in the last several days.
4. Card benefits Trump’s suggested “gold card” worth $5 million might give the affluent a secret tax credit. In contrast to American residents, the visa would not require cardholders to pay income taxes on their foreign earnings and would grant ultra-rich foreigners permanent U.S. residency and the opportunity to become citizens.
5. Troubled eggs The cost of eggs is putting pressure on a pastel hobby. Easter egg dye kit manufacturers are preparing for a slow season in the event that egg prices don’t rise before Easter. This year’s sales are falling short of previous seasons, and egg dye kits and associated products are a major source of income for many businesses in the industry.
Source (CNBC)
