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US STOCKS-US stock futures pause after tech rebound; upcoming data in focus
U.S. stock index futures showed slight gains after a tech rebound, with the Dow up 0.09%, S&P 500 up 0.07%, and Nasdaq up 0.02%. Investors are awaiting key retail sales data and nonfarm payrolls, while concerns linger over AI investments and earnings reports from major companies. Onsemi shares fell 4.5% after missing revenue estimates, and Upwork's shares dropped nearly 23% due to a disappointing outlook. The market anticipates the Federal Reserve's monetary policy direction amid expectations of rate stability until June.
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