Stock Index Futures Rise Ahead of Trump's Davos Speech, S&P 500 Futures Up 0.37%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Market Rebound: S&P 500 futures rose by 0.37%, Nasdaq 100 futures increased by 0.26%, and Dow futures edged up by 0.23%, indicating investor optimism ahead of Trump's upcoming speech, which may influence future policy directions.
- Treasury Yields Decline: The benchmark 10-year Treasury yield fell to 4.28%, the 30-year yield dropped to 4.91%, and the 2-year yield decreased to 3.59%, reflecting rising market uncertainty regarding future economic policies and increased risk aversion.
- Trump's Delayed Arrival: Trump's late arrival in Davos due to a minor electrical fault that caused Air Force One to turn back may impact the timing and content of his speech, with investors closely monitoring potential policy signals.
- Premarket Trading Dynamics: In premarket trading, United Airlines rose by 4.08%, Tyler Technologies increased by 3.97%, and Sandisk Corporation gained 3.44%, while Netflix fell by 5.49% and Kraft Heinz dropped by 3.70%, indicating a divergence in stock performance.
Analyst Views on KHC
Wall Street analysts forecast KHC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KHC is 25.86 USD with a low forecast of 24.00 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
0 Buy
14 Hold
1 Sell
Hold
Current: 23.530
Low
24.00
Averages
25.86
High
28.00
Current: 23.530
Low
24.00
Averages
25.86
High
28.00
About KHC
The Kraft Heinz Company manufactures and markets food and beverage products around the world through its eight consumer-driven product platforms: Taste Elevation, Easy Ready Meals, Substantial Snacking, Desserts, Hydration, Cheese, Coffee, and Meats. The Company has two reportable segments defined by geographic region: North America and International Developed Markets. Its other segments, consisting of West and East Emerging Markets (WEEM) and Asia Emerging Markets (AEM), are combined and disclosed as Emerging Markets. It manufactures its products from a wide variety of raw materials. Its brands include Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Capri Sun, Maxwell Apartment, Kool-Aid, Jell-O, Heinz, Golden Circle, Wattie’s, Plasmon, Heinz, ABC, Master, Quero, Kraft, and Pudliszki, among others. The Company’s products are sold through its own sales organizations and through independent brokers, agents, and distributors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
