5 Critical Insights You Need Before Today’s Market Opens
:max_bytes(150000):strip_icc()/GettyImages-22277235394-168538efb016460d88a1880fcabfcfe6.jpg)
Markets brace for another volatile session as traditional finance clings to outdated models.
Key Market Catalysts
Five factors driving today's action while legacy systems play catch-up.
Institutional Moves
Wall Street finally acknowledges what crypto natives knew years ago.
Technical Indicators
Traditional charts flashing signals that decentralized markets priced in weeks ago.
Global Economic Pressure
Central banks keep printing - digital assets keep hardening.
Regulatory Theater
Watch regulators pretend to understand blockchain while missing the entire point.
Another day of playing financial catch-up while digital assets rewrite the rules.
1. Stock Futures Slip After Last Week’s Record Highs, Gold Prices Hit New High
Stock futures are slightly lower in premarket trading as investors prepare for key inflation data later this week following last week’s interest-rate cut by the Federal Reserve. Concerns about a possible government shutdown were weighing on sentiment to start the week. Futures tied to the benchmark S&P 500, the tech-heavy Nasdaq and the Dow Jones Industrial Average were down 0.3% in recent trading, after each of the indexes closed last week at record highs. The yield on the 10-year Treasury note, which affects borrowing costs on all sorts of loan, ticked lower to 4.13%. Gold futures were up 1.4% to a fresh record high of $3,760 an ounce as some investors turned to the traditional safe-haven.
2. Bitcoin, Crypto Stocks Slide
Bitcoin (BTCUSD) was trading at below $113,000 this morning, down from an overnight high of above $115,000, while Ether, Solana and other cryptocurrencies are also down sharply this morning. Stocks tied to cryptocurrencies are also under pressure, with major bitcoin buyer Strategy (MSTR), crypto exchange Coinbase (COIN) and bitcoin miner Riot Platforms (RIOT) each down more than 2%.
3. Trump Says TikTok Deal Could Include Murdochs
A deal to preserve the operations of social media app TikTok in the U.S. could include the participation of media owners Rupert Murdoch and his son Lachlan Murdoch, President Donald TRUMP told Fox News this weekend. The Trump administration has been negotiating with Chinese leaders to find new ownership for TikTok ahead of a ban on the social media app. Lachlan Murdoch recently gained control of his father’s media empire, which includes News Corp (NWSA) and Fox (FOXA). Fox shares were nearly 5% higher in recent premarket trading, while News Corp shares advanced more than 2%.
4. Kenvue Shares Fall on Administration Efforts to Tie Tylenol to Autism
Kenvue (KVUE) shares are sliding this morning following a report that the Trump administration plans to link the active ingredient in Tylenol to autism. The Washington Post reported that officials WOULD warn pregnant mothers against taking pain-killer acetaminophen unless they had a fever. Kenvue said that scientific studies showed that there was no link between acetaminophen and autism. Kevnue shares declined earlier this morning on early reports of the administration’s efforts to tie the drug to autism. Kenvue shares were down nearly 5% ahead of the opening bell Monday.
5. Drug Maker Metsera Surges on Pfizer Takeover
Weight-loss drug developer Metsera (MTSR) soard 60% in premarket trading after Prizer (PFE) announced it would acquire the company. Pfizer said it will acquire New York City-based Metsera for $47.50 per share in cash, with an additional $22.50 per share tied to certain performance milestones. The Financial Times reported that the deal would be worth $7.3 billion. Metsera went public in late January, with its stock rising 25% since then as of Friday's close. Pfizer shares were up about 1.5% in premarket trading Monday.