U.S. stock futures are mixed this morning as markets remain cautious ahead of key economic data and the midterm elections. Weakness in the technology sector, led by a post-earnings drop from Apple Inc., is pressuring overall market sentiment.
Stocks to Watch * Apple Inc.: Fell in pre-market trading after its strong fourth-quarter revenue was overshadowed by a disappointing holiday-quarter gross margin forecast. * Palantir Technologies Inc.: Dropped significantly in pre-market trading on concerns about slowing U.S. commercial growth, despite reporting strong quarterly revenue. * Advanced Micro Devices, Inc.: Set to report earnings after the market closes, with investors keenly watching for guidance related to artificial intelligence. * Premarket Leaders: Notable gainers in early trading include Harmonic Inc., Aehr Test Systems, aTyr Pharma, Inc., and Fabrinet.
Looking ahead, traders will be closely watching the JOLTS job openings report at 10:00 AM for clues on the Federal Reserve's potential rate path.