U.S. markets are poised for a slightly lower open, with futures contracts trading modestly in the red. Global markets were mixed overnight as investors turn their attention to corporate earnings in a quiet day for economic data.
Stocks to Watch:
- Tesla, Inc. is trading higher pre-market on news of its Cybertruck production ramp-up.
- NVIDIA Corporation shares are down following reports of a delay for its next-generation AI chip.
- The Boeing Company is up after the company announced strong new orders for its 737 aircraft.
Looking ahead, market direction will likely be driven by individual company earnings reports, as the economic calendar is light for the remainder of the day.