U.S. stock futures are mixed this morning, with the Dow showing gains while the Nasdaq pulls back. The muted open follows a strong rally in overseas markets amid a quiet day for major economic data releases.
Stocks to Watch * Delta Air Lines, Inc. reports Q2 earnings pre-market today; analysts expect $1.47 EPS on $18.9 billion in revenue. * PepsiCo, Inc. shares dipped 3% after reporting mixed Q2 earnings, with sales rising 6% but facing weaker U.S. consumer spending. * Micron Technology, Inc. announced plans for up to $3 billion in U.S. investment for a new fabrication plant to expand domestic memory capacity. * SK Hynix Inc. lists today after pricing its IPO at $149 per share, marking the largest foreign offering and reflecting strong semiconductor demand.
Looking ahead, with no major economic data scheduled, market direction will likely be influenced by individual company earnings and ongoing trends in the AI sector.