In order to begin the trading day, investors need be aware of these five important factors:
1. Help with technology Monday saw an increase in stocks, driven by advances in well-known IT companies. The Dow Jones Industrial Average climbed 167.01 points, or 0.38%, while the S&P 500 and Nasdaq Composite advanced 0.67% and 0.98%, respectively.
2. The OpenAI provides a consortium of investors led by Elon Musk submitted a $97.4 billion bid on Monday to acquire control of OpenAI. But OpenAI CEO Sam Altman turned down the eleven-figure deal for the nonprofit that founded the AI business, saying in an X post, “no thank you, but we will buy Twitter for $9.74 billion if you want.”
3. Prepare yourself In an order signed Monday night, President Donald Trump announced his most recent round of tariffs, which would impose a 25% import tax on steel and aluminium.
4. A rise in earnings Tuesday morning, Coca-Cola’s stock surged about 4% as the beverage behemoth exceeded Wall Street’s fourth-quarter revenue and earnings projections.
5. Upon the Hill On Capitol Hill, two days of semiannual hearings on monetary policy will begin Tuesday morning with testimony from Federal Reserve Chair Jerome Powell.
Source (CNBC)
