Stock Market Today: Futures Edge Up Amid Geopolitical Tensions and Key Earnings Deluge

Market Overview - U.S. stock futures are showing a modest rebound with S&P 500 futures up approximately 0.3-0.4% following a significant selloff on Tuesday where major indexes recorded steep declines [1][2] - The S&P 500 plunged 2.1% to 6,796.86, the Dow Jones Industrial Average shed 1.8% to 48,488.59, and the Nasdaq Composite dropped 2.4% to 22,954.32, with technology stocks contributing significantly to the losses [2] Geopolitical and Economic Factors - Escalating geopolitical tensions, particularly surrounding President Trump's demands and tariff threats, are creating a risk-off sentiment among investors [3] - Gold prices have surged past $4,800, gaining between 1.7% and 2.2%, as investors seek safe-haven assets amid uncertainty [4] - The 10-year U.S. Treasury yield is around 4.29%, its highest since August, but has eased slightly to 4.28% after touching a five-month high [4] Corporate Earnings - A busy day for corporate earnings is expected, with major companies like Johnson & Johnson, Charles Schwab, and Prologis reporting their financial results [7] - Netflix's stock fell over 5% despite surpassing sales and earnings expectations for Q4 FY25, while it revised its bid for Warner Bros. Discovery to an all-cash offer [8][9] - In the technology sector, Nvidia and Apple saw declines of 4.4% and 3.5% respectively, while SanDisk's stock rose over 90% this month due to demand in the AI sector [10] Sector Highlights - HCL Technologies announced a strategic partnership with Carahsoft Technology Corp to enhance digital transformation initiatives in the U.S. public sector [11] - Crude oil prices are easing, with Brent crude futures down 1.2% to $64.16 per barrel and U.S. West Texas Intermediate crude falling 1% to $59.76 per barrel, influenced by expectations of rising U.S. crude inventories [12]