U.S. stock futures indicate a higher open this morning, building on strong overnight momentum from the technology sector that saw the Nasdaq reach record highs. Investors remain focused on Treasury yields, which are holding near multi-decade peaks, and the easing price of oil.
Stocks to Watch: - Option Care Health: Shares surged over 22% in pre-market trading. - Constellation Energy: The stock gained 3.3% in early trading. - Nike, Inc.: Shares slipped 0.7% pre-market following a ratings downgrade. - NVIDIA Corporation: Rose 2.1% to a record market cap on Monday, leading the ongoing rally in artificial intelligence and semiconductor stocks. - Earnings Reports: Constellation Brands, Inc., Lamb Weston Holdings, Inc., and RPM International Inc. are all scheduled to report earnings today.
Looking ahead, markets will be monitoring the U.S. trade balance report due at 8:30 AM, which could influence yields and the dollar.