US stock futures remain little changed after a mixed day of trading on Wednesday, with indexes falling due to concerns over growing deficits and soaring bond yields. However, investors are looking ahead to the House of Representatives’ passing of President Donald Trump’s tax bill, which sets policy for taxes and budgeting.
Bitcoin has surged above $110,000 for the first time, driven by growing acceptance from the federal government and financial institutions. The Senate voted to advance a regulatory framework for stablecoins, while JPMorgan Chase CEO Jamie Dimon announced that his bank will allow clients to buy bitcoin.
Cloud software provider Snowflake (SNOW) shares are up 10% in premarket trading after beating analyst expectations with its first-quarter results and issuing a strong full-year revenue forecast. AT&T agreed to buy Lumen Technologies’ fiber internet business for $5.75 billion, sending Lumen’s shares soaring 12%. Meanwhile, CoreWeave (CRWV) shares continue to rise after jumping 19% on Wednesday on an upsized debt offering.
As investors await the outcome of the tax bill and other economic developments, these stock movements provide a glimpse into their expectations for growth and regulatory support.
Source: https://www.investopedia.com/5-things-to-know-before-the-stock-market-opens-may-22-2025-11739844