Stock futures are little changed as traders shift focus to earnings amid Middle East tensions: Live updates

Stock futures are little changed as traders shift focus to earnings amid Middle East tensions: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) during Pershing Square Capital Management LP's initial public offering (IPO) in New York, US, on Wednesday, April 29, 2026. Michael Nagle | Bloomberg | Getty ImagesStock futures were little changed Monday evening after higher oil prices weighed on the major indexes. Investors also looked ahead to the week in corporate earnings.Futures tied to the Dow Jones Industrial Average added 14 points, or less than 0.1%. S&P 500 futures and Nasdaq 100 futures were near the flatline.In regular trading, the Dow dropped 307.16 points, or 0.59%, weighed down by a 2% in decline in Apple shares. The broad market S&P 500 fell 0.19%, and the tech-heavy Nasdaq Composite lost 0.05%.Oil prices rose on Monday after President Donald Trump said in a Truth Social post that Tehran will pay for the deaths of three U.S. service members. U.S. crude futures closed up 0.9% at $83.23 a barrel, while international Brent settled 1.3% higher at $89.22. The climb in energy prices pulled the major averages lower on the day, even as semiconductor stocks clawed back some of last week's steep losses. The VanEck Semiconductor ETF (SMH) posted a modest gain, aided by Micron Technology and Advanced Micro Devices."It looks to be a quiet week ahead for stock investors that could be dominated by technicals and geopolitical headlines," said Callie Cox, chief market strategist at Ritholtz Wealth Management. "Sleepy summer weeks aren't the time to draw conclusions about the world around us, but they could shake up market leadership going into a busy end of the summer.""Earnings are continuing to flow in, but they may provide more support than a catalyst to send stock prices higher given lofty expectations," she added. "Yields are knocking at the door of recent highs across the world, giving investors a tough choice between growth and income. This stock market is under a lot of pressure after an impressive three-month rally."As companies issue their latest earnings results this week, traders will be hunting for details on artificial intelligence spending. They'll also be listening on earnings calls for confirmation that executives aren't becoming more cautious about the second half of the year. Big names set to report later this week include Alphabet, IBM and Tesla.General Motors and 3M are slated to report Tuesday morning, while quarterly results from Chubb are due after the closing bell.Stock futures open flatU.S. equity futures were little changed to begin trading on Monday night. Futures tied to the Dow Jones Industrial Average ticked up 12 points, or 0.02%. S&P 500 futures and Nasdaq 100 futures were down by 0.05% and 0.01%, respectively.— Tanaya Macheel

Original Source

Read the full article at Cnbc →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.