U.S. stock futures swung between gains and losses on Friday after Thursday’s mixed close. Futures of major benchmark indices were mixed.Thursday experienced a rotation out of expensive tech names, which helped U.S. stocks settle mostly higher, with the Dow Jones surging over 600 points. Overall risk appetite remained resilient following the Federal Reserve's third consecutive interest-rate cut delivered a day earlier. Meanwhile, President Donald Trump signed a sweeping executive order aimed at creating a si ...

Market Overview - U.S. stock futures showed mixed performance following a mixed close on Thursday, with major indices experiencing fluctuations [1][3] - The Dow Jones increased by over 600 points, indicating a rotation out of expensive tech stocks, while overall risk appetite remained strong after the Federal Reserve's third consecutive interest-rate cut [1][2] Economic Indicators - The 10-year Treasury bond yielded 4.17%, while the two-year bond was at 3.53%, with a 73.4% likelihood of the Federal Reserve maintaining current interest rates [2] Company Performance - **Costco Wholesale Corp. (NASDAQ:COST)**: Experienced a 0.52% decline in premarket trading despite better-than-expected financial results for Q1 fiscal 2026, maintaining a weaker price trend [7] - **Broadcom Inc. (NASDAQ:AVGO)**: Dropped 5.18% due to disappointing guidance regarding shrinking gross margins and a higher tax rate for fiscal 2026, but maintains a stronger price trend overall [7] - **Lululemon Athletica Inc. (NASDAQ:LULU)**: Jumped 9.49% after exceeding Q3 expectations and raising full-year guidance, despite a weaker long-term price trend [16] - **RH (NYSE:RH)**: Increased by 4.26% despite mixed Q3 results, reporting earnings of $1.71 per share, missing estimates, but revenue of $883.81 million beat expectations [16] - **Tilray Brands Inc. (NASDAQ:TLRY)**: Surged 28.11% following the announcement of a new product line, maintaining a stronger long-term price trend [16] Sector Insights - Analysts suggest a rotation from Communication Services and Information Technology into sectors with more upside potential, specifically highlighting Financials, Industrials, and Utilities as favored sectors [12][14] - The anticipated GDP growth and moderating inflation are expected to create a favorable environment for risk assets, particularly equities [12]

Shares of Lululemon Athletica Inc (NASDAQ:LULU) rose sharply in pre-market trading after the company posted better-than-expected results for the third quarter and raised its full-year guidance.Lululemon reported quarterly earnings of $2.59 per share, which beat the analyst estimate of $2.27 by 14.15%, according to data from Benzinga Pro. Quarterly revenue of $2.57 billion beat the Street estimate of $2.48 billion and was up from revenue of $2.4 billion from the same period last year.The company announced a ...