5 things to know before the stock market opens on Friday

Happy Friday. Since TikTok has secured a presence in the US (more on this below), my screen time is likely to remain much longer than it should be.

Stock futures fell this morning. The market is about to have another winning day.

Here are five important things investors need to know to start their trading day.

Yesterday’s inflation data provided another encouraging sign for traders as geopolitical and trade tensions continue to give investors pause. The latest numbers were in line with expectations, but still above what the Federal Reserve considers healthy.

Here’s what you need to know:

Both the headline and so-called “core” measure of the Personal Consumption Expenditure Price Index for November were 2.8%, in line with the consensus forecast of economists surveyed by Dow Jones. The Fed-backed inflation measure showed that inflation remained significantly above the central bank’s recommended 2% level. Stocks rose for the second consecutive session, continuing a rebound sparked by President Donald Trump’s cancellation of planned tariffs on several European countries and his announcement of additional tariffs. “Framework for future agreements on Greenland”. DowYesterday’s rally of more than 300 points pushed it into positive territory for the week, reversing Tuesday’s decline. of S&P500 and Nasdaq Composite Retail investors have been big buyers despite this week’s volatility and continue to show a propensity to buy stocks even during market pullbacks. However, stock futures edged lower this morning, suggesting the market may be taking a break from two days of rebounding gains. Follow us here for live market updates.

Trump is taking it. JP Morgan Chase and company CEO Jamie Dimon will appear in court.

In a lawsuit filed yesterday, the president claims the bank’s closure of his and related accounts in early 2021 was politically motivated. President Trump told reporters yesterday that Dimon had “stripped his bank account” and that “what he did is unforgivable.” President Trump is seeking at least $5 billion in civil damages as part of a lawsuit filed in Florida state court.

As CNBC’s Hugh Song and Dan Mangan point out, JPMorgan’s closure of Trump’s account followed the Jan. 6, 2021, riot and Trump’s exit from the White House later that month. JPMorgan issued a statement to CNBC saying, “We regret that President Trump has sued our company, but we believe there is no merit to the lawsuit.”

intel Fourth-quarter sales beat Wall Street expectations in both categories, but the chipmaker gave a soft outlook for the quarter, sending its stock down 13% in overnight trading.

CFO David Zinsner told CNBC’s Cristina Persineveros that the company’s weak outlook is due in part to supply constraints. He said Intel does not have the materials to meet seasonal demand this quarter, but supply should improve over the next three months.

The decline in stock prices came after a significant rise. Intel’s stock price has soared nearly 150% over the past 12 months. Traders are excited about the U.S. government, Softbank, Nvidia Last year, I joined a company based in California.

Big tech news last night: TikTok announced it has officially formed a joint venture to continue operating in the US Thanks to a law signed in 2024, the short-form video platform faces a de facto ban in the US unless Chinese parent company ByteDance exits its US operations.

Adam Presser, TikTok’s head of operations and trust and safety, will become CEO of the venture, which it said will operate as an “independent entity.” TikTok CEO Hsu Chu will become a director, and Americans will make up the majority of the seven-member board.

As CNBC’s Dylan Butts reports, TikTok continued to dominate in the U.S. last year despite a possible ban. It was the second most downloaded app on the Apple App Store and Google Play Store in 2025, according to Sensory Tower data.

European leaders are trying to figure out the nitty-gritty of President Trump’s market-moving announcement that he has reached a “framework” for a deal with the North Atlantic Treaty Organization (NATO) over Greenland.

Bernd Lange, a member of the European Parliament, told CNBC yesterday that the European Union needs “more clarity” on the content of the deal and that “nobody knows” the details. Greenland Prime Minister Jens Frederik Nielsen similarly said that although he did not know the details of the framework, the island’s sovereignty and territorial integrity was a “red line” that could not be crossed.

Ukrainian President Volodymyr Zelenskiy called on European leaders in a strongly worded speech at Davos. “Instead of taking the lead in defending freedoms around the world, especially if America’s focus shifts elsewhere, Europe seems to be lost in pushing the president of the United States to make changes,” President Zelensky said yesterday.

Between Davos and the Greenland Agreement framework, there is no shortage of news. Here are some stories you may have missed.

CNBC’s Jeff Cox, Sean Conlon, Hugh Song, Dan Mangan, Kiff Leswing, Christina Persineveros, Jonathan Vanian, Dylan Butts, Ashley Caputo, Samantha Subin, Hugh Leask, Kevin Browninger and Lucy Hundley contributed to this report. Josephine Rozzelle edited this version.