5 Things to Know Before the Stock Market Opens

U.S. stock futures are edging lower after indexes surged yesterday on trade optimism; President Donald Trump begins a tour of the Middle East that is expected to result in the announcement of several business deals; UnitedHealth Group (UNH) shares are plunging in premarket trading after the company announces the departure of its CEO; China reportedly is going to allow Boeing (BA) deliveries once again after Beijing and Washington agreed to slash tariffs; and shares of cryptocurrency exchange Coinbase Global (COIN) are surging on news it will join the S&P 500. Here’s what investors need to know today.

1. US Stock Futures Point Lower After Indexes Rally on Trade Deal

U.S. stock futures are pointing slightly lower after indexes soared yesterday on optimism over the temporary trade deal between the U.S. and China. Investors are also watching for a key inflation report today. Dow Jones Industrial Average futures are down 0.6% after the blue-chip index added nearly 1,200 points Monday. Nasdaq and S&P 500 futures are edging lower after soaring 4.4% and 3.3%, respectively. Bitcoin (BTCUSD) is slightly higher at around $103,800. The 10-year Treasury note yield is slightly lower. Oil and gold futures are higher.

2. Trump Starts Middle East Tour With Focus on Dealmaking

President Donald Trump began a four-day tour of the Middle East, where he will visit Saudi Arabia, Qatar, and the United Arab Emirates while focusing on dealmaking. Several business agreements are expected to be announced during the trip, which could include weapons sales and deals on energy, space, and artificial intelligence. Trump is expected to deliver a keynote address to a U.S.-Saudi business forum later today. The trip comes as Trump has come under some scrutiny for reported plans to receive a $400 million luxury Boeing 747 as a gift from the government of Qatar.

3. UnitedHealth Stock Sinks on CEO Departure, Outlook Suspension

Shares of UnitedHealth Group (UNH) is plummeting 10% in premarket trading after the health insurer announced that CEO Andrew Witty has stepped aside “for personal reasons.” Current board chair Stephen Hemsley, who held the CEO role from 2006 to 2017, has been appointed as his replacement, effective immediately. In addition, UnitedHealth suspended its full-year outlook as medical expenditures are projected to be higher than anticipated. The news comes weeks after the company cut its full-year profit forecast while reporting quarterly results that came in below expectations, causing its stock to dive 22% on April 17.

4. China to Allow Boeing Deliveries Again, Report Says

Boeing (BA) shares are rising nearly 2% in premarket trading on a Bloomberg report that the Chinese government has removed an order barring its country’s airlines from taking delivery of U.S.-made planes. The move comes after the U.S. and China reached their temporary trade agreement Monday. Chinese officials set up the ban on Boeing plane deliveries after Trump announced tariffs totaling 145% on Chinese-made goods. Boeing shares are up 12% so far this year entering Tuesday.

5. Coinbase Global Stock Soars on S&P 500 Inclusion

Coinbase Global (COIN) shares are surging 9% in premarket trading on news the cryptocurrency exchange will be included in the S&P 500. Coinbase will begin trading in the benchmark index next Monday, replacing Discover Financial Services (DFS), which is set to merge with Capital One Financial (COF). The jump comes as bitcoin recently returned to trading above the $100,000 threshold, helping send crypto-related stocks higher after they dropped earlier this year on market volatility. Shares of Coinbase are down about 17% in 2025 entering Tuesday.