U.S. stock futures are pointing to a higher open this morning, supported by a firmer risk tone and rising commodity prices. With no major domestic economic data scheduled, investors are turning their attention to European PMI updates for market direction.
Stocks to Watch
- International Business Machines Corporation: Surged 12.4% after the U.S. government announced a $2 billion quantum computing investment, with the company receiving the largest funding allocation.
- Ross Stores, Inc.: Rose 5% in after-hours trading after reporting strong Q1 earnings that beat estimates and raising its fiscal 2026 guidance.
- BJ's Wholesale Club Holdings, Inc.: Reported strong Q1 results pre-market, with comparable club sales up 6.3% and a 9.9% increase in membership fee income.
- NVIDIA Corporation: Slipped 1.8% despite reporting over $81 billion in Q1 revenue, as results did not meet extremely high market expectations.
Looking ahead, traders will be monitoring movements in commodity markets and the release of Eurozone PMI data for further catalysts.