Stock Futures Rise Amid Corporate Earnings and Inflation Data

NEW YORK, NY — Stock futures are rising this morning as investors prepare for a series of earnings reports, key inflation data, and updates on trade negotiations. Futures tied to the Dow Jones Industrial Average increased by 0.2%, while those linked to the S&P 500 and Nasdaq gained 0.3% and 0.4%, respectively.

As this development unfolds, gold futures also saw a boost, rising nearly 2% to $4,295 an ounce. Bitcoin is trading close to $111,000. Meanwhile, the yield on the 10-year Treasury note remained steady at 4.01%, which impacts borrowing costs across a range of consumer loans.

In a separate incident, several major websites experienced service disruptions due to outages from Amazon Web Services early Monday. This affected platforms including Disney+, Lyft, and the New York Times among others. Shares of Amazon remained relatively unchanged premarket, having lost 3% since the year’s start.

Apple reported that its iPhone 17 outsold the previous iPhone 16 by 14% during its first ten days on sale in the United States and China, significant markets for the company. The improvement in hardware, such as a better chip and upgraded camera, has been credited for this success. Apple shares rose by 1.5% in recent premarket trading.

Proxy firm Institutional Shareholder Services advised Tesla shareholders to reject a proposed pay package for CEO Elon Musk, citing concerns over its size and potential implications. Tesla stock, however, has seen a 33% increase in the past three months and was up approximately 1% ahead of its earnings report scheduled for Wednesday.

Lastly, shares of Cooper Companies surged over 5% in premarket trading after news surfaced that activist investor Jana Partners has built a stake in the medical device maker, potentially considering a merger with rival Bausch + Lomb. Bausch + Lomb shares were down nearly 2% in premarket trading.