U.S. futures are mixed this morning as technology shares attempt a rebound from yesterday's sharp sell-off. Global markets remain cautious ahead of key U.S. economic data releases.
Stocks to Watch:
- NVIDIA Corporation is rebounding pre-market after a significant decline yesterday amid a broad chip sector sell-off, highlighting ongoing volatility in AI-related stocks.
- Airbnb, Inc. saw its stock jump in after-hours trading following a strong quarterly revenue report and an increased full-year outlook.
- DraftKings Inc. shares plunged after hours yesterday after the company reported an earnings miss and lowered its full-year revenue guidance.
- Moderna, Inc. is set to report earnings before the market opens, with investors focused on vaccine sales and pipeline updates.
Looking ahead, traders will be closely watching the October jobs report and consumer sentiment data, both due this morning, for clues on the economy's direction and potential Federal Reserve policy.