US Stock Futures Hold Momentum
2026-02-10 13:49
By
Andre Joaquim
1 min. read
US equity futures remained near the flatline on Tuesday, holding gains from the last two sessions as markets continued to gauge AI capital expenditure signals, while pessimistic retail sales data lowered rates across the curve.
Domestic retail sales were sharply below expectations on December to reflect a more fragile consumer on the holiday period, driving rate traders to increase their positions on more than two Federal Reserve rate cuts this year.
Delayed jobs and CPI reports are due later this week for fresh insights on both sides of the Fed's dual mandate.
Alphabet was slightly lower pre market after recording strong initial placements at the start of its massive bond issuance series.
Meanwhile, Coca Cola fell over 3% after missing fourth quarter revenues, while CVS lost more than 1% after delivering lower-than-expected projections for this year.
In turn, Nvidia was slightly higher after TSCM posted strong figures for January, underpinning sustained global AI spending.