5 Things to Know Before the Stock Market Opens on Thursday
Stocks are set to open lower as Treasury yields rise to 2007 levels, driven by inflation and rate-hike concerns. Meta unveiled new AI glasses, and Costco is set to report earnings. Xi Jinping and Trump meet to discuss tariffs and other issues. Crude oil and gold prices are also moving.
How this was made
The 30-second read
Why it matters
Higher yields and oil pressure broad market, while Meta's launch adds a tech‑specific catalyst; Costco earnings remain a key driver later in the day.
Market read
Pre‑market moves in META and upcoming earnings from COST set the tone for the trading day amid broader macro pressures.
What to watch
Supply‑chain constraints and pricing strategy for the new glasses could affect adoption rates.
Background
Morning market outlook includes higher Treasury yields, oil price rise, and geopolitical talks between the U.S. and China.
Ticker impact
Meta unveiled new AI glasses and wearable at Connect event; shares down about 2% pre‑market.
Potential further 1‑2% dip if sentiment stays bearish; rebound possible on positive reviews.
Product launch is fresh news but market reaction is modest; limited immediate upside.
Costco earnings scheduled after the closing bell; consensus expects revenue $94.85B and EPS $6.52.
Expect modest move post‑close; upside if beats revenue or EPS expectations.
Only forward‑looking estimates, no new data released yet.
Market effects
Tech hardware and AI wearables sector may see heightened scrutiny after Meta's launch.
U.S. equities influenced by pre‑market moves in META and upcoming Costco earnings.
Limited; primary impact confined to U.S. market participants.
Counterpoint
Meta's product could gain traction despite short‑term dip; early adopters may drive longer‑term upside.
Key entities
- companyMeta Platforms
Technology company launching AI glasses.
- companyCostco Wholesale
Retail giant reporting earnings after market close.
