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U.S. stock futures surge as investors look for market momentum following recent sell-offs; global stocks gain after yesterday’s rout; shares of health insurance providers jump after the federal government announces larger-than-expected Medicare payments; Levi Strauss (LEVI) stock is soaring in premarket trading after its quarterly earnings come in better than expected; and chipmaker stocks are rebounding as investors digest tariff impacts. Here’s what you need to know as an investor today.
- 1. US Stock Futures Soar as Investors Look for Rebound from Tariff Turmoil
- 2. Global Stocks Gain as Japan Eyes Negotiations and China Promises to Combat
- 3. Stocks of health insurance providers jump on Medicare payment levels
- 4. Levi Strauss Stock Jumps as Firm Says Any Price Changes Would Be 'Surgical'
- 5. Chipmaker Stocks Gain after Tariff-Driven Declines
1. US Stock Futures Soar as Investors Look for Rebound from Tariff Turmoil
U.S. stocks futures are surging after a volatile session over President Donald Trump’s tariffs. Dow Jones Industrial Average Futures are 2.5% higher than the previous session, when the blue-chip index lost 0.9%. S&P 500 futures are up by 2% after the index declined 0.2% yesterday, while Nasdaq futures are up 1.8% after the tech-heavy index eked out a slight gain Monday. The yields on the 10-year Treasury notes are a little lower, bitcoin (BTCUSD), which is around $79,000 at this time, is not changing much. Gold and oil futures continue to move higher.
2. Global Stocks Gain as Japan Eyes Negotiations and China Promises to Combat
Global stocks are rebounding Tuesday as some investors took advantage of recent massive losses, even as China threatened to hit back further if President Trump hikes U.S. import tariffs by an additional 50%. The Stoxx Europe 600 Index is up around 1.8%, but it’s still down more than 10 percent in the past seven days. The Nikkei closed up 6% after Treasury Secretary Scott Bessent told Fox Business that he expected Japan to get priority in trade talks “just because they came forward very quickly.” Hong Kong’s Hang Seng – where the biggest Chinese firms are listed – rose 1.5%, as China declared that it would fight to the “end” if Trump increased his tariffs once more.
3. Stocks of health insurance providers jump on Medicare payment levels
Stocks of health insurance providers are rising in premarket trading, after the federal government announced it would pay Medicare insurers a higher amount next year than expected. The Centers for Medicare & Medicaid Services (CMS) said payments for 2026 Medicare Advantage health plans run by private insurers will increase by 5.06% on average, more than the 2.83% the government said it anticipated in January. Humana (HUM), CVS Health (CVS), Elevance Health Group (ELV), and UnitedHealth Group are all up around 7%.
4. Levi Strauss Stock Jumps as Firm Says Any Price Changes Would Be 'Surgical'
Levi Strauss’ (LEVI), shares are up 11% before the market opens after the jeans manufacturer reported a better than expected first quarter profit. Its CEO also announced that the company has formed a taskforce to evaluate tariffs. Levi’s reported quarterly earnings per share (EPS), adjusted for inflation, of $0.38. This was above the $0.28 consensus estimate from Visible Alpha’s analysts. The company’s revenue, $1.53 billion, was also in line with expectations. According to the transcript of AlphaSense’s earnings call, CEO Michelle Gass stated that a task force within her company was evaluating tariff proposals. However, any price changes would only be “surgical,” she said.
5. Chipmaker Stocks Gain after Tariff-Driven Declines
Several chipmaker shares are up in premarket trade as shares related to artificial intelligence try to recover from the tariff-driven sell-off. Nvidia’s (NVDA), shares are up nearly 4% after gaining 3.5% on Monday. Broadcom (AVGO), Micron Technology (MU), and U.S. listed shares of Taiwan Semiconductor Manufacturing Co.(TSM) are all up 3%, while Intel (INTC), is up 2%.
