US Futures Steady in Holiday-Thinned Trade
2026-02-16 00:26
By
Jam Kaimo Samonte
1 min. read
US stock futures were little changed on Monday amid subdued volumes, with markets closed for the Presidents’ Day holiday.
Activity across Asia is also expected to be muted, as Mainland China remains shut for the week-long Lunar New Year break.
Wall Street ended last week on a weaker footing.
The Dow declined 1.23%, the S&P 500 fell 1.39%, and the Nasdaq Composite dropped 2.1%, pressured by losses in the financial, communication services, consumer discretionary, and technology sectors.
Sentiment deteriorated on renewed concerns over elevated AI-related capital expenditure and the risk of structural disruption to select industries.
Among megacap technology names, Apple, Amazon, Meta, Alphabet, and Broadcom declined between 2.3% and 8% over the week.
Investors now turn to another round of corporate earnings for directional cues on the outlook, with results due from Walmart, Warner Bros.
Discovery, Booking Holdings, Deere & Company, and Palo Alto Networks.