What to expect next week?
Stock futures climbed early Friday following President Trump's announcement of a new trade agreement with Japan. Key updates include upcoming earnings from Tesla and Alphabet, Block's addition to the S&P 500, and surging meme stocks like GoPro and Krispy Kreme.
Keypoints:
- U.S. stock futures rose after a major trade agreement with Japan.
- The Japan deal includes 15% tariffs and major U.S. investments.
- Tesla and Alphabet are set to report earnings after market close.
- Block becomes the second blockchain-related firm to enter the S&P 500.
- GoPro and Krispy Kreme stocks soared amid renewed meme-stock trading.
- Treasury yields edged up, while oil and gold prices dipped slightly.
Here's a quick summary of what investors need to know;
U.S. Stock Futures Rise as Investors React to U.S.-Japan Trade Agreement News
Markets opened stronger after the U.S. and Japan struck a deal reducing tariffs and boosting bilateral investments.
Trump’s Japan Trade Deal Includes 15% Tariffs and $550 Billion Investment Pledge
President Trump confirmed a trade deal involving reduced tariffs and new Japanese investments in U.S. industries.
All Eyes on Tesla and Alphabet as Both Prepare to Release Key Earnings Reports Today
Investors await after-hours results from Tesla and Google parent Alphabet, with contrasting revenue expectations.
Block Will Join S&P 500 Index Following Chevron's Acquisition of Hess Corporation
Digital payments firm Block is set to enter the S&P 500, replacing Hess after Chevron’s acquisition closes.
GoPro and Krispy Kreme Stocks Skyrocket as Meme Stock Traders Fuel Market Frenzy
Shares of GoPro and Krispy Kreme surged sharply with no major news, driven by the latest meme stock hype.