Market Overview - U.S. stock futures are showing a mixed picture as investors digest the previous day's rally and prepare for significant economic data and corporate earnings [1] - Major indexes closed higher on Monday, but premarket trading indicates a cautious start to the session [1] Premarket Trading and Index Futures - S&P 500 (SPX) futures are slightly higher, up approximately 0.1% to 0.12% [2] - Nasdaq 100 (NDX) futures are showing a slight dip of around 0.05% [2] - Dow Jones Industrial Average (DJIA) futures are also flat, with a modest gain of about 0.02% to 0.13% [2] Recent Market Performance - On Monday, DJIA closed at a new all-time high of 50,219, up 0.04% [3] - S&P 500 gained approximately 0.5%, closing at 6,964.82 [3] - Nasdaq Composite rose 0.9% to 23,238.67, driven by a rebound in tech stocks [3] Key Upcoming Market Events - Retail Sales report for December is expected to show a rise of 0.4% month-on-month, providing insights into consumer demand [4] - The rescheduled January Jobs Report is anticipated to influence Federal Reserve policy expectations [5] - Consumer Price Index (CPI) and inflation readings will be released later in the week, impacting monetary policy decisions [5] Major Stock News and Corporate Announcements - Coca-Cola (KO) is expected to report an EPS of $0.56, a 1.82% year-over-year increase [6] - S&P Global Inc. (SPGI) is anticipated to show a 14.59% increase in EPS to $4.32 [6] - Spotify Technology S.A. (SPOT) is projected to see a significant 56.91% jump in EPS to $2.95 [6] - Fiserv, Inc. (FISV) is expected to report a 24.30% decrease in EPS to $1.90 [6] - CVS Health (CVS) is estimated to see a 16.81% decrease in EPS to $1.68 [6] Other Corporate News - ZoomInfo Technologies (ZI) saw a decline of over 10% in premarket trading despite surpassing market expectations [7] - Goodyear Tire & Rubber Company (GT) reported flat net sales but a 9% organic increase in segment operating income [8] - Tech giants like Nvidia (NVDA) and Broadcom (AVGO) experienced gains of 2.4-3.4% [9] - Oracle (ORCL) surged 9.6% following an analyst upgrade related to AI demand [10] - Workday (WDAY) shares fell 5.1% after CEO resignation, while Kroger (KR) shares rose 3.9% after announcing a new CEO [11]
U.S. Stock Futures Mixed as Investors Await Key Retail Sales Data and Earnings Deluge