Benzinga·2026-02-02 10:27Market Overview - U.S. stock futures declined on Monday following a sell-off on Friday, with major benchmark indices showing lower futures [1] - The Dow Jones fell by 0.29%, S&P 500 by 0.58%, Nasdaq 100 by 0.88%, and Russell 2000 by 0.55% [3] Company Performance - NXP Semiconductors NV (NASDAQ:NXPI) dropped 1.14% as analysts anticipate quarterly earnings of $1.67 per share on revenue of $81.47 billion [5] - Walt Disney Co. (NYSE:DIS) was down 0.23% ahead of its earnings report, with expectations of earnings at $1.56 per share on revenue of $25.68 billion [6] - AZZ Inc. (NYSE:AZZ) shares increased by 0.96% after announcing a $100 million share repurchase program, maintaining a strong price trend [7] - GameStop Corp. (NYSE:GME) rose by 2.97% as CEO Ryan Cohen aims to transform the company into a $100 billion powerhouse through major acquisitions [7] Sector Insights - The materials, tech, and financial sectors led the decline in the S&P 500 on Friday, while consumer staples and energy stocks finished higher [9] Economic Insights - Mohamed El-Erian, Chief Economic Advisor at Allianz, discusses a "tense tug-of-war" in economic forecasting, highlighting a shift towards volatility and policy divergence [10][12] - El-Erian notes the potential for AI-driven growth but warns of a stagnant labor market impacting lower-income households [11]