US Stock Futures Drop as Investors Prep for Busy Week of Earnings
US stock futures declined on Monday as investors prepared for a busy week of economic data releases and significant earnings from Nvidia Corp. The S&P 500 Index contracts fell 0.1% at 8:23 AM in New York, potentially reversing some of the gains made on Friday.
The Nasdaq 100 Index futures dropped 0.5%, while Treasury yields decreased across various maturities. Brent crude oil hovered around $93 per barrel.
Investors are bracing for a packed week of economic releases and earnings reports, with Nvidia's quarterly results being one of the most anticipated events. The tech giant is set to release its earnings on Monday afternoon.