US stock futures steady as investors await earnings batch
US stock futures are little changed as investors look to upcoming earnings from Intuit, Zoom, Semtech, Dick’s Sporting Goods and Macy’s, alongside US consumer confidence and PCE inflation data.
US stock futures were little changed on Tuesday as investors looked ahead to another batch of corporate earnings that could provide fresh clues on tech performance and consumer activity.
Key earnings due later in the global day include Intuit, Zoom, Semtech, Dick’s Sporting Goods and Macy’s.
Investors will also turn their attention to Nvidia’s earnings report on Wednesday for further insight into the strength of artificial intelligence-related demand.
On the economic front, US consumer confidence data are due Tuesday, followed by the latest personal consumption expenditure price index on Wednesday.
Additionally, Federal Reserve Chair Kevin Warsh is scheduled to deliver a speech at the Fed’s annual Jackson Hole symposium on Friday.
In regular trading on Monday, the Dow rose 0.26%, while the S&P 500 and Nasdaq Composite fell 0.28% and 0.76%, respectively, amid broad-based losses across AI infrastructure stocks.