Investors should be aware of the following five important points before the trading day begins:
1. Information on inflation Tuesday, as investors awaited the release of the June consumer price index at 8:30 a.m. ET, stock futures were up before the bell. A 2.7% headline figure and a 0.3% monthly gain are anticipated by economists surveyed by Dow Jones.
2. Income from banks With second-quarter earnings of $5.24 per share and $45.68 billion in revenue, JPMorgan Chase exceeded Wall Street’s estimates on Tuesday.
3. I’m feeling more upbeat When Nvidia announced that it would resume selling its H20 chips to China, its stock was up almost 4% before the bell on Tuesday.
4. Inspector of buildings Federal Reserve Chair Jerome Powell asked the inspector general to examine the central bank’s building refurbishment amid charges of budget mismanagement from the Trump administration.
5. Should I stay or leave? Starbucks is making its corporate staff return to work four days a week. Employees were informed on Monday by Brian Niccol, the CEO of the coffee company, that they would either to accept a one-time payment offer or work from the office one more day each week beginning in October.
Source (CNBC)
