U.S. stock futures are trading higher this morning, led by a strong performance in the technology sector, as investors weigh positive retail sales against geopolitical uncertainty. A significant drop in crude oil prices and major bank earnings are also in focus.
Stocks to Watch: * Taiwan Semiconductor Manufacturing Company: Reported Q4 earnings and revenue that beat analyst expectations. * The Goldman Sachs Group, Inc. & Morgan Stanley: Among the major banks scheduled to report earnings today. * Rocket Lab USA, Inc.: Shares are up over 6% in pre-market trading. * Adobe Inc.: Dropped over 5% yesterday amid concerns that AI is weakening its competitive position.
Looking ahead, traders will be monitoring this morning's weekly jobless claims data and remarks from scheduled Federal Reserve speakers for further market direction.