{"id":24793,"date":"2025-04-08T05:54:27","date_gmt":"2025-04-08T10:54:27","guid":{"rendered":"https:\/\/www.eoption.com\/morning-preview-april-08-2025\/"},"modified":"2025-04-08T05:54:27","modified_gmt":"2025-04-08T10:54:27","slug":"morning-preview-april-08-2025","status":"publish","type":"post","link":"https:\/\/www.eoption.com\/morning-preview-april-08-2025\/","title":{"rendered":"Morning Preview: April 08, 2025"},"content":{"rendered":"\n
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Early Look<\/span><\/b><\/p>\n

Tuesday, April 8, 2025<\/span><\/b><\/p>\n\n\n\n\n\n\n
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Futures<\/span><\/p>\n<\/td>\n

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Up\/Down<\/span><\/p>\n<\/td>\n

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%<\/span><\/p>\n<\/td>\n

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Last<\/span><\/p>\n<\/td>\n<\/tr>\n

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Dow<\/span><\/b><\/p>\n<\/td>\n

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671.00<\/span><\/p>\n<\/td>\n

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1.76%<\/span><\/p>\n<\/td>\n

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38,836<\/span><\/p>\n<\/td>\n<\/tr>\n

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S&P 500<\/span><\/b><\/p>\n<\/td>\n

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64.25<\/span><\/p>\n<\/td>\n

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1.27%<\/span><\/p>\n<\/td>\n

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5,161<\/span><\/p>\n<\/td>\n<\/tr>\n

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Nasdaq<\/span><\/b><\/p>\n<\/td>\n

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170.50<\/span><\/p>\n<\/td>\n

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0.97%<\/span><\/p>\n<\/td>\n

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17,733<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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U.S. futures are looking higher as global stock markets rebound overnight despite sharp commentary by China’s Commerce Ministry who said it “resolutely opposes” U.S. President Donald Trump’s threat of escalating tariffs and vowed to take countermeasures to safeguard its own rights and interests. The comments came after Trump said he would impose an additional 50% duty on U.S. imports from China Wednesday, if Beijing does not withdraw the 34% tariff it imposed on American products last week. “The U.S. threat to escalate tariffs on China is a mistake on top of a mistake,” the statement said, according to a CNBC<\/span> translation. “China will never accept it. If the U.S. insists on its own way, China will fight to the end.” These comments failed to push the market lower overnight. In Asian markets, The Nikkei Index surged 1,876 points or 6% to 33,012, the Shanghai Index gained 48 points to 3,145, and the Hang Seng Index advanced 299 points or 1.51% to 20,127. In Europe, stocks bounced for the first time in 4-days as the German DAX<\/span> is higher by 145 points to 19,935, while the FTSE 100 is up 98 points to 7,800. President Donald Trump rejected a European Union proposal to drop tariffs on all bilateral trade in industrial goods with the US. <\/span><\/p>\n

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In stock news, shares of U.S. health insurers jumped (HUM<\/span>, CVS<\/span>, ELV<\/span>, CI<\/span>, UNH<\/span>, CNC<\/span>, MOH<\/span>) after a bigger-than-expected increase in the government’s reimbursement rates for Medicare Advantage plans in 2026. The U.S. announced a 5.06% average increase in payments to private insurers that run Medicare Advantage plans for people aged 65 and older. The increase was more than double the amount proposed in January. Markets also brace for the start of the earnings season this Friday with big banks (JPM<\/span>, WFC<\/span>, MS<\/span>) kicking things off. Note the S&P 500 (SPX<\/span>) is down 13.9% in the first 65 trading days of 2025, the 5th worst startsto a year in history. Bitcoin was down 32% from its January peak this morning, giving back nearly all of its gains since the November 2024 election. This is its largest drawdown since last August (both stats as per Charlie Bilello). <\/span><\/p>\n

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Market Closing Prices Yesterday<\/p>\n