Track Markets Live NowPremarket Movers Show Mixed Signals Ahead of Critical Trade Negotiations
Major U.S. stock index futures are showing subdued movement early Monday as investors cautiously await the outcome of high-stakes trade talks between the United States and China scheduled to begin today in London. This second round of negotiations follows last month’s preliminary agreement in Geneva that temporarily cooled tensions between the world’s largest economies.
The S&P 500 futures are up marginally by 0.02% at 6,008.00 points, while Dow futures edge higher by 0.01% at 42,814.00. Meanwhile, Nasdaq futures are down slightly by 0.06% at 21,776.25, suggesting a mixed opening for markets today.
Friday’s session ended on a high note with the S&P 500 closing above the 6,000 mark for the first time since February 21, following better-than-expected jobs data that showed the U.S. economy added 139,000 jobs in May, surpassing economists’ forecasts of 125,000.
Major Stocks Making Headlines in Premarket Trading
Several notable premarket movers are capturing investors’ attention this morning:
Tesla (TSLA) shares are down 2.5% after Baird reportedly downgraded the stock to “neutral” from “outperform.” This follows Friday’s 3.7% gain as tensions between CEO Elon Musk and President Donald Trump appeared to ease after a public dispute that had sent the stock tumbling 14% on Thursday.
Nvidia (NVDA) continues to show strength in premarket trading, up 1.24% at $141.72, as investors remain bullish on AI-related stocks following positive sentiment from Broadcom’s recent earnings that revealed strong AI demand.
Sunnova Energy has plummeted 37% after filing for Chapter 11 bankruptcy protection, making it one of the day’s biggest losers.
Robinhood Markets (HOOD) has fallen 5.2% following the S&P 500’s decision not to include the online brokerage in its latest index rebalancing, contrary to some analysts’ expectations.
Earnings Calendar Highlights Key Reports
Several companies are scheduled to report earnings today, with Casey’s General Stores (CASY) being the largest by market cap at $16.16 billion. Analysts expect the company to report quarterly earnings of $1.95 per share, down from $2.34 per share in the year-ago period, with projected revenue of $3.95 billion.
Other notable earnings reports expected today include VinFast Auto (VFS), Calavo Growers (CVGW), and Graham Corporation (GHM), which has already released its fourth-quarter fiscal 2025 results this morning.
Economic Calendar and Federal Reserve Outlook
This week’s economic calendar features critical data releases including May consumer prices and initial jobless claims. While the Federal Reserve is widely expected to keep interest rates unchanged at its meeting next week, market news today suggests traders are closely watching for any signs of inflation pickup, particularly as Trump’s tariffs risk raising price pressures.
Currently, market participants anticipate nearly two rate cuts by the end of 2025, with the first reduction expected in September, according to data compiled by LSEG.
US-China Trade Talks to Set Market Tone
The stock market live performance this week will likely be heavily influenced by the outcome of the US-China trade negotiations. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamieson Greer will represent the United States in talks with their Chinese counterparts.
These discussions follow a recent phone conversation between President Trump and Chinese leader Xi Jinping—their first direct interaction since Trump’s January inauguration—though key issues remain unresolved.
Citigroup has joined other major brokerages in raising its year-end target for the S&P 500 to 6,300 from 5,800 previously, citing renewed optimism in corporate earnings resilience and accelerating momentum of artificial intelligence-driven growth.
As the stock market today opens, investors will be balancing positive sentiment from recent market gains against caution over the uncertain outcome of these critical trade negotiations.