Wall Street Breakfast Futures slip as trading resumes
13 snips
Jan 20, 2026 Futures are slipping following President Trump's tariff warnings, causing notable market movements. The NYSE is set to launch a 24/7 trading platform for tokenized securities, allowing for faster transactions. Tesla could benefit from changes in Canada-China EV tariffs, despite some price restrictions. GSK's $2.2 billion tender for RAP Therapeutics has sparked interest, while analysts are keeping an eye on broader financial trends and geopolitical developments.
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Geopolitics Weigh On Futures
- Morgan reports futures fell after President Trump's tariff warnings and geopolitical moves affecting markets.
- This sets early risk tone for U.S. markets ahead of the trading day.
IT Hardware Down Cycle Looms
- Morgan says Morgan Stanley downgraded Logitech, NetApp, and CDW citing a slowdown in corporate IT spending.
- The bank warns a hardware down cycle could last three to five quarters.
NYSE Moves Into 24/7 Tokenized Trading
- NYSE is building a 24/7 tokenized-securities platform combining its matching engine with blockchain settlement.
- The plan aims for instant settlement, dollar-based orders, and stablecoin funding pending regulatory approval.