President Biden proposed to increase capital taxes on wealthy Americans from 20% to 39.6%. ECB says tough decision ahead in June on its bond-buying program. EU completes a new deal with P EU PMI 53.7 from 52.9 expected. JNJ: CDC to meet on Friday to discuss covid vaccine authorization. Intel (INTC) reported earnings after the close on Thursday, which disappointed the market despite beating estimates. The outlook disappointed. Shares down 2% in premarket. American Express (AXP) profit beats but revenue misses, shares down 3% in premarket. Mattel (MAT) to jump on the NFT bandwagon by considering making some of its collector brands into NFTs. SNAP beat earnings estimates as user growth increased more than forecast. Shares up 4% in premarket.