U.S. stock futures are trading lower this morning, led by a decline in the technology sector amid concerns over AI stocks and renewed geopolitical headlines. Today's economic calendar is light, with no major data releases scheduled.
Stocks to Watch * Microsoft Corporation: Trading lower in pre-market amid the broader weakness in technology stocks. * NVIDIA Corporation: Facing pre-market pressure ahead of tomorrow's Q1 earnings report, which will be a key test for the ongoing AI rally. * The Home Depot, Inc.: Reported a 4.8% increase in Q1 sales and reaffirmed its full-year guidance. * PulteGroup, Inc.: Shares fell sharply in pre-market trading, potentially signaling wider concerns in the housing sector. * Alphabet Inc.: Announced a new $5 billion AI cloud venture with Blackstone, impacting both the technology and investment sectors.
Looking ahead, traders will be closely monitoring NVIDIA Corporation's earnings report tomorrow for further direction on the market's sentiment toward AI.