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Wake Up Wall Street: Trump Tempts Investors With Tax Plan

This is what you need to know before the bell

This is what you need to know before the bell:

1. Investor sentiment was boosted by stronger-than-expected U.S. economic data, as President Donald Trump continues to tempt investors with details of a forthcoming tax plan.

2. Snap Inc. set a valuation for itself of between $19.5 billion and $22.2 billion. The valuation range, which equates to $14 to $16 a share, is near the low end of the $20 billion to $25 billion range that Snap Inc. had earlier targeted.

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3. Networking giant Cisco Systems (CSCO) - Get Cisco Systems, Inc. Report posted adjusted earnings of 57 cents a share in its fiscal second quarter on revenue of $11.58 billion, down 2% from a year earlier. The stock rose 1.4% in premarket trading as both earnings and revenue topped analysts' forecasts.

4. Production workers at Boeing's (BA) - Get Boeing Company Report  plant in South Carolina rejected an effort to unionize. National Labor Relations Board rules require workers wait a year before another union vote.