U.S. Stock market today: Dow, S&P 500, Nasdaq futures slip in early morning trade. Key factors to watch out on Wednesday

Economic Policy and Market Reactions - Trump announced a 25% tax on imports from countries doing business with Iran, coinciding with protests in Iran resulting in over 2,500 deaths [1] - U.S. companies face pressure to deliver strong profit growth, with analysts expecting S&P 500 companies to report an 8.3% increase in earnings per share for Q4 2025 compared to the previous year [2] - The U.S. stock market is set for a low opening, with Dow futures down 0.21%, S&P 500 e-mini futures down 0.16%, and Nasdaq 100 futures down 0.17% [11] Company Performance - JPMorgan Chase reported weaker profit and revenue than expected, leading to a 4.2% drop in its stock, significantly impacting the market [3] - Moderna's stock surged 17.1% after announcing expected revenue for 2025 above previous forecasts, along with updates on new products including a seasonal flu vaccine [7] Bond Market and Interest Rates - Treasury yields eased following an inflation update that met economists' expectations, reinforcing predictions of at least two interest rate cuts by the Federal Reserve in 2026 [8] - The 10-year Treasury yield decreased to 4.17% from 4.19%, while the two-year Treasury yield fell to 3.52% from 3.54% [10][12] Inflation and Consumer Prices - U.S. consumer prices rose 2.7% year-over-year, slightly above expectations and exceeding the Federal Reserve's 2% inflation target [9][12]