Stock Market Today: Dow Jones Futures Fall, Nasdaq Gains Day After Tech Selloff—Alphabet, Broadcom, Amazon In Focus

Market Overview - U.S. stock futures showed volatility with the Dow Jones declining after a shift away from tech stocks, while major benchmark indices had mixed futures [1] - The Nasdaq Composite fell approximately 351 points as investors redirected their focus [1] - Corporate earnings reports are expected to be the main market driver, with Amazon.com Inc. set to report after market close [1] Economic Indicators - Market participants are analyzing the latest weekly jobless claims report for insights into the U.S. labor market's resilience [2] - The 10-year Treasury bond yield is at 4.27%, while the two-year bond yield stands at 3.55% [2] - The CME Group's FedWatch tool indicates a 90.1% probability that the Federal Reserve will maintain current interest rates in March [2] Company Performance - Alphabet (GOOG) is noted for maintaining a strong price trend across short, medium, and long terms, with a solid quality ranking [3] - Amazon.com Inc. (AMZN) shares increased by 0.11% ahead of its earnings report, with analysts expecting earnings of $1.97 per share on revenue of $211.32 billion [6] - Workday Inc. (WDAY) experienced a decline of 2.44% after announcing a 2% workforce reduction and anticipated $135 million in restructuring charges, yet it maintains a strong price trend [6] - Shell PLC (SHEL) fell by 2.40% after reporting adjusted earnings of $3.26 billion for the fourth quarter, which was below analyst expectations [5] Sector Performance - Energy, materials, and real estate sectors led gains, while information technology and communication services stocks contributed to market declines during a rotation away from growth [8] Analyst Insights - BlackRock maintains a "pro-risk" stance, viewing recent market fluctuations as a reshuffling rather than an end to the AI trade, identifying infrastructure as a key beneficiary of trends like AI and low-carbon transitions [9] - The nomination of Kevin Warsh as the next Fed Chair has led to a significant repricing across asset classes, with expectations of a stronger focus on inflation control [10] - BlackRock suggests that Warsh's experience may stabilize the U.S. dollar and mitigate risks of global market spillovers, while cautioning that persistent inflation could limit aggressive rate cuts in 2026 [11]