U.S. stock futures are pointing to a lower open, pressured by signs of factory contraction in Europe and rising overseas bond yields. The domestic economic calendar is clear today, with no major data releases scheduled.
Stocks to Watch: * Verizon Communications Inc. is trading sharply higher in pre-market after a strong earnings report and positive guidance. * Charter Communications, Inc. is also up significantly following its earnings release, a new buyback program, and an analyst upgrade. * The Walt Disney Company is set to report quarterly earnings before the market opens, with analysts expecting a decline in earnings per share. * Palantir Technologies Inc. will release its earnings after the closing bell, and options markets are pricing in a substantial stock move. * Humana Inc. remains in focus after the stock plunged last week following a U.S. government proposal on reimbursement rates. * NVIDIA Corporation is in the spotlight amid reports that its proposed $100 billion investment in OpenAI has stalled.
Looking ahead, investors will be closely monitoring corporate earnings results and any further developments in global economic data for market direction.