U.S. stock futures are edging lower after a tech selloff yesterday; investors are preparing for markets to close tomorrow for the funeral of former U.S. President Jimmy Carter; Moderna (MRNA) shares are rising further after soaring on optimism about its experimental bird-flu vaccine; bitcoin (BTCUSD) and crypto-related stocks are falling after labor market data dimmed hopes of Federal Reserve rate cuts; and Palantir Technologies (PLTR) shares are falling further after analysts raised worries over the AI-focused software firm’s valuation. Here’s what investors need to know today.
U.S. stock futures are pointing lower after a tech selloff sent indexes lower Tuesday. Nasdaq futures are down 0.4% in early trading after falling 1.9% yesterday, while S&P 500 and Dow Jones Industrial Average futures also are down slightly. Yields on the 10-year Treasury note are higher at above 4.7%. Oil futures are higher while gold futures are slightly lower.
Stock markets, …