Global markets are trading with a risk-off sentiment this morning, as U.S. futures point to a lower open driven by geopolitical tensions over potential Greenland tariffs. This cautious mood is affecting most asset classes, including cryptocurrencies.
Stocks to Watch
- Netflix, Inc.: Shares are trading lower after the company reported quarterly earnings yesterday evening that modestly beat expectations.
- Tesla, Inc.: The stock declined in the previous session and may see continued pressure amid broader market concerns over tariffs and geopolitical risk.
- Johnson & Johnson: Set to report Q4 earnings this morning, with analysts forecasting a significant increase in earnings per share.
- The Charles Schwab Corporation: Also reporting earnings pre-market, with consensus estimates pointing to strong year-over-year profit growth.
Looking ahead, investors will be closely monitoring upcoming U.S. pending home sales data and any new developments from the Davos summit regarding the tariff situation.