U.S. stock futures are pointing to a lower open as traders digest mixed global cues and focus on corporate earnings reports in the absence of major economic releases.
Stocks to Watch:
- NVIDIA Corporation shares are slightly higher in pre-market trading after the company reported strong first-quarter earnings that beat estimates.
- Intuit Inc. reported earnings that exceeded expectations, potentially influencing the software and fintech sectors.
- Walmart Inc. is scheduled to report its first-quarter earnings before the market opens, with the results viewed as a key indicator of consumer confidence.
Looking ahead, traders will be monitoring how company-specific guidance and global market trends influence technology and AI-related stocks throughout the session.