5 issues to know earlier than the inventory market opens Monday, April 25

Listed here are a very powerful information, developments and evaluation that buyers want to start out their buying and selling day:

U.S. stock futures pointed to sharp declines on Wall Street to start the new week after Friday’s plunge. Concern deepened about just how aggressive the Federal Reserve will be with interest rates hikes to fight inflation, sending the Dow Jones Industrial Average down 981 points, or 2.8%, for its fourth straight negative week. The S&P 500 and the Nasdaq suffered similar losses, sinking roughly 2.8% and 2.6%, respectively, for their third straight negative weeks. The Nasdaq closed Friday in bear market territory. The 10-year Treasury yield on Monday backed away from last week’s late 2018 highs over 2.9%.

Coca-Cola reported, before the opening bell Monday, quarterly earnings and revenue that topped expectations as consumers drank more of its trademark soda, Powerade and other beverages. The Dow stock rose nearly 2% in the premarket. Despite the suspension of its Russian business, Coca-Cola reiterated its full-year revenue and earnings outlooks. This week is the busiest of the earnings season, with about 160 companies in the S&P 500 expected to report, including megatech names Amazon, Apple, Google-parent Alphabet, Facebook-parent Meta Platforms and Microsoft.

Twitter shares jumped 5% in the premarket on reports from Bloomberg and Reuters that the social media firm might attain a take care of Elon Musk as early as right this moment. Earlier this month, Musk supplied to purchase the Twitter, which grew to become extra receptive after the Tesla and SpaceX CEO revealed $46.5 billion in secured financing. Twitter’s board had met Sunday to debate Musk’s financing plan for his proposed bid, a supply near the state of affairs informed CNBC. The board negotiated with Musk into the early hours of Monday, in line with The New York Occasions.

U.S. Secretary of State Antony Blinken and Protection Secretary Lloyd Austin visited Ukraine on Sunday to debate navy assist with Ukraine’s president, Volodymyr Zelenskyy. On the assembly in Kyiv, which was shrouded in secrecy and the highest-level go to to Ukraine by U.S. officers for the reason that invasion started, America pledged simply over $700 million in navy financing to assist Ukraine and different allied international locations in Central and Jap Europe concerned within the conflict effort. Russia’s invasion of Ukraine entered its third month on Sunday.