5 Things to Know Before the Stock Market Opens

Stock futures are higher this morning after major indexes surged yesterday following comments from President Donald Trump that eased investor concerns about U.S. moves to acquire Greenland; the Federal Reserve’s preferred measure of inflation is set to be released this morning; Intel is scheduled to report results after the market closes amid a recent rally for the chipmaker’s stock; GE Aerospace reported better-than-expected quarterly results and issued a solid outlook for 2026; and Procter & Gamble shares are down after the consumer product maker’s quarterly sales came in short of estimates. Here’s what you need to know today.

Stocks Look to Extend Gains as Greenland Tensions Ease

Stock futures are rising as the market look to add to big gains yesterday that were fueled by announcements from President Trump that the U.S. wouldn’t use force in Greenland or impose new tariffs on European allies. Trump also said that he had reached a “framework” of a deal around the future of Greenland, without providing details on what that entails. Futures tied to the Dow Jones Industrial Average were up 0.3% recently, while those linked to the S&P 500 and the tech-centric Nasdaq 100 added 0.6% and 0.9%, respectively. Each of the major indexes rose more than 1% Wednesday, rebounding from steep declines the previous day. Gold futures, which have surged to record highs recently amid the geopolitical concerns, were down 0.1% at $4,830 an ounce. Bitcoin, which has fallen sharply over the past week, was holding steady at around $90,000. The yield on the 10-year Treasury note was little changed at 4.26% this morning, after jumping above 4.30% on Tuesday for the first time since August.

PCE Report Expected to Show Inflation Stayed High in the Fall

More government shutdown-delayed economic reports are due out this morning, with Personal Consumption Expenditures (PCE) price index data for October and November scheduled to be released at 10 a.m. ET. The data is expected to show that consumer prices excluding food and fuel rose 2.8% year-over-year in November, the same as the last report for September and still well above the Federal Reserve’s inflation target of 2.0%. While the data is delayed and figures for December would have more of an impact, the PCE figures will factor into the Federal Reserve’s decision on interest rates next week. The PCE report is the Fed’s preferred inflation gauge. Other economic data due out Thursday includes a revision of third-quarter gross domestic product, and weekly unemployment claims figures.

Intel Set to Report Earnings Amid Recent Hot Streak

Intel (INTC) is scheduled to report fourth-quarter results after the closing bell today, with investors watching to see if the chipmaker’s latest results can sustain the stock’s recent rally. Intel is expected to report $13.4 billion in revenue with 8 cents in adjusted earnings per share. Analysts have recently said they expect Intel to beat estimates amid strong demand for its server CPUs used to power AI data centers. Intel shares have surged nearly 50% since the start of the year, boosted by positive comments from President Trump about a meeting with CEO Lip Bu-Tan, as well as bullish comments and upgrades from analysts. Intel shares were little changed in premarket trading, after surging 12% yesterday to their highest level in four years.

GE Aerospace Handily Tops Estimates, Forecasts Solid Growth in 2026

GE Aerospace (GE) beat estimates in its latest quarterly results Thursday, reporting $12.72 billion in revenue and adjusted earnings per share of $1.57. Each metric handily topped the analyst consensus compiled by Visible Alpha. The maker of plane engines and other aerospace parts said it expects revenue to grow by low double digits in 2026, in line with consensus, while adjusted EPS should come in between $7.10 and $7.40, compared to $6.37 in 2025, with that range largely above the $7.12 that analysts currently forecast. Shares of the former General Electric division were down 1% ahead of Thursday’s opening bell. The stock, which hit a record high earlier this month, has gained about 70% over the past 12 months.

P&G Stock Slips as Results Fall Short of Estimates

Procter & Gamble (PG) shares are losing ground after the consumer products giant missed sales estimates and narrowly beat profit projections in its latest quarterly results. The maker of brands such as Old Spice, Tide and Crest said Thursday it earned an adjusted $1.88 per share on $22.2 billion in revenue in its fiscal second quarter of 2026. Analysts had forecast revenue of $22.3 billion and $1.87 adjusted EPS. Procter & Gamble CEO Shailesh Jejurikar said the company has “confidence in our plans to deliver stronger results in the second-half of the fiscal year.” Shares were recently down 1%. Entering Thursday, the stock had lost 11% in the last 12 months.