Tech earnings weigh on stock futures: Market update
TL;DR Summary
US stock futures edged lower ahead of big tech earnings, with the S&P 500 and Nasdaq Composite slipping by 0.44% and 0.38%, respectively. Alphabet, Microsoft, Amazon, and Meta are set to report earnings this week. Bond yields were down, and Wall Street is also keeping an eye on the energy market as some of the largest players post earnings at the end of the week. In single-stock moves, shares of PepsiCo, General Electric, General Motors, and 3M rose after positive earnings reports.
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