Stock Futures Indicate Another Quiet Open

After a muted close stock futures are quietly higher Tuesday, as investors await tomorrow's consumer price index (CPI) reading. Wall Street will also tomorrow parse over the Federal Reserve's latest meeting minutes, to hopefully gather more clues regarding when the central bank will begin slashing interest rates. At last glance, futures tied to the Dow Jones Industrial Average (DJIA), Nasdaq-100 Index (NDX), and S&P 500 Index (SPX) are all just above fair market value.

Continue reading for more on today's market, including: 

• 2 signals indicating potential volatility, per Schaeffer's Senior V.P. of Research Todd Salamone. 
• Watch these 2 crypto stocks amid Bitcoin's surge.
• Plus, Tilray's earnings miss; BB's new partnership; and Tesla's settlement. 

5 Things You Need to Know Today

1. The Cboe Options Exchange (CBOE) saw more than 1.1 million call contracts and 717,845 put contracts exchanged Monday. The single-session equity put/call ratio fell to 0.64, while the 21-day moving average remained at 0.71.
2. Shares of cannabis concern Tilray Brands Inc (NASDAQ:TLRY) are 15.1% lower premarket, after the company released fiscal third-quarter financial results. The marijuana company reported wider-than-expected losses, revenue that missed the mark, and disappointing guidance. Year to date, TLRY is already up 12.6%.
3. BlackBerry Ltd (NYSE:BB) stock is 5.1% higher before the bell after the company inked a deal with Advanced Micro Devices (AMD) to "revolutionize next-generation robotic systems by enabling new levels of low latency and jitter, and repeatable determinism," per a press release. Coming into today, BB is down 18.6% in 2024.
4. Electric vehicle (EV) giant Tesla Inc (NASDAQ:TSLA) is marginally higher this morning after yesterday popping 4.9%. This follows a Wall Street Journal report that revealed the company reached a settlement with the family of a driver who died in a 2018 crash that involved Tesla's driver-assistance technology Autopilot, though the terms of the settlement weren't made available. 
5. Inflation data and the Federal Reserve's meeting minutes due out this week.
   
    

Japan's Consumer Confidence Nears 5-Year High

Asian markets were mixed on Tuesday, as investors unpacked consumer confidence out of Japan – which hit its highest level since May 2019 – and awaited stateside inflation data. Japan’s Nikkei paced the gainers with a 1.1% pop, while Hong Kong’s Hang Seng added 0.6%, after the region’s monetary authority suggested it may deepen investment connection with China. China’s Shanghai Composite closed slightly above breakeven with a 0.05% gain, and South Korea’s Kospi settled 0.5% lower.

European markets are mostly lower at last glance, though the British pound is higher against the U.S. dollar ahead of the European Central Bank’s (ECB) monetary policy meeting. Eyes will also be on the monthly gross domestic product (GDP) update out of the U.K. London’s FTSE 100 was last seen 0.2% higher, while France’s CAC 40 and the German DAX are down 0.3% and 0.5%, respectively.