U.S. stock futures are pointing to a higher open as investors await key monetary policy decisions from several global central banks. Attention is squarely on the Bank of England, which is expected to announce a rate cut later today.
Stocks to Watch: * Micron Technology, Inc.: Reports earnings today, with its outlook crucial for the semiconductor sector and broader AI trade sentiment. * ServiceNow, Inc.: Shares plunged 11.5% on December 16 following reports of potential $7 billion acquisition talks with cybersecurity firm Armis. * Pfizer Inc.: Stock fell sharply on December 16 after forecasting 2026 adjusted earnings per share below analyst estimates. * Tesla, Inc.: Jumped 3.6% on December 16 after an announcement on robotaxi testing, but faces regulatory scrutiny in California.
Looking ahead, investors should monitor the outcomes of this week's global central bank meetings for cues on future monetary policy and economic sentiment.