US Futures (YM=F, ES=F, NQ=F) were muted on Tuesday morning after key economic data, the Producer Price Index (PPI), showed a hotter-than-expected month of April.
President Biden is set to unveil a historic wave of tariffs on over $18 billion worth of Chinese imports, including electric vehicles, semiconductors, and precious minerals. The tariff rates could reach as high as 100% in the case of EVs.
Popular meme stock GameStop (GME) continues to soar over 110% in premarket trading after "Roaring Kitty" returned to social media, potentially reigniting the meme stock craze.
Yahoo Finance Reporters Jared Blikre, Jennifer Schonberger, and Madison Mills join The Morning Brief to break down the three things investors need to know for May 14.
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
This post was written by Nicholas Jacobino