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5 Things to Know Before the Stock Market Opens [Video]

U.S. second-quarter GDP data is due at 8:30 a.m. ET, which is expected to show subdued growth, another data point that may push the Federal Reserve to cut interest rates soon; shares of fast-casual restaurant chain Chipotle Mexican Grill (CMG) are rising in premarket trading after the burrito maker produced a second-quarter earnings beat; Ford Motor (F) shares are tumbling after the automaker’s results fell short of analysts’ estimates; shares of fellow automaker Stellantis (STLA) also are sinking on excess U.S. inventory; and Unilever (UL) shares are rising after the consumer-goods giant posted Wall Street-beating results and said its spinoff of its ice cream division—including Ben & Jerry’s—is on track. U.S. stock futures are little changed after major equity indexes tumbled Wednesday, with the Nasdaq Composite marking its biggest one-day drop since October 2022, as underwhelming earnings reports from Tesla (TSLA) and Google …

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