U.S. markets are indicating a mixed open, showing a cautious tone following Thursday's significant tech-led selloff. Overnight, Asian equities traded lower amid concerns over tariffs and higher oil prices.
Stocks to Watch * Verizon Communications Inc. is scheduled to report quarterly results this morning before the market opens, potentially influencing the telecom sector. * Alphabet Inc. dropped on Thursday despite strong revenue, as investors focused on projections for high capital expenditures in 2026. * Tesla, Inc. slipped in pre-market trading after reporting a fall in second-quarter earnings and negative free cash flow. * Intel Corporation shares rose after reporting strong quarterly results, contrasting with recent volatility in the broader chip sector.
Looking ahead, investors will continue to monitor Federal Reserve rate expectations, inflation risks, and the impact of oil prices on the market. Geopolitical tensions and tariff developments also remain key areas of focus.