US Futures Ease Further

2026-05-19 11:46 By Andre Joaquim 1 min. read

US equity futures extended their losses on Tuesday amid further pressure from the heavyweight tech sector, while elevated energy prices continued to risk inflationary pressures this year.

The S&P 500 and the Dow inched lower, while the Nasdaq 100 was down 1% for a second session premarket.

AI infrastructure companies continued their correction after soaring this month, previously supported by bumper earnings and ambitious guidances.

Speculative long positions propelled AI infrastructure stocks higher in the period, prompting a pullback in risk sentiment and a cautious outlook by Seagate to spark a momentary pullback.

The stock's futures were 10% down this week, while Nvidia, Tesla, and Meta were firmly lower on Tuesday.

Meanwhile, Dominion energy sustained its surge from the previous session and NextEra Energy bounced from sharp losses following NextEra's $67 billion acquisition of the former, the largest ever in the power sector.



News Stream
US Stocks Hold Rebound
US stocks rose further on Thursday with support from lower energy prices ahead of Nvidia's earnings results, due to update the state of the AI economy that has supported the stock market this year. The S&P 500, Dow, and Nasdaq 100 were over 1% higher. Three supertankers left the Strait of Hormuz with full cargoes as President Trump stated a deal with Iran could come soon, taming concerns of energy inflation. Nvidia gained 1.5% as it is likely to confirm sharp growth in earnings and orders, but the tone of its guidance is due to impact the whole tech sector as AI spending has carried the US investment last quarter and underpin productivity growth and infrastructure expenditure in coming years. The AI sector was also supported by reports that OpenAI is preparing to file for an IPO as soon as Friday, paving the way for more AI spending. Meanwhile, TJX and Target were both higher following their results. Broader sectors were also higher as yields retreated, despite hawkish Fed minutes.
2026-05-20
US Stocks Extend Gains
US stocks rose further on Thursday with support from lower energy prices ahead of Nvidia's earnings results, due to update the state of the AI economy that has supported the stock market this year. The S&P 500, Dow, and Nasdaq 100 were around 1% higher. Satellite data showed three supertankers leaving the Strait of Hormuz with full cargoes as President Trump stated a deal with Iran could come soon, taming concerns of energy inflation. Nvidia gained 2% as it is likely to confirm sharp growth in earnings and orders, but the tone of its guidance is due to impact the whole tech sector in a period where AI spending has carried the US investment last quarter and underpin productivity growth and infrastructure expenditure in coming years. The AI sector was also supported by reports that OpenAI is preparing to file for an IPO as soon as September, paving the way for more AI spending. Meanwhile, TJX and Target were both higher following their results.
2026-05-20
US 10-Year Yield Pulls Back
The yield on the 10-year US Treasury note fell to 4.60% on Wednesday from the 16-month high of 4.7% in the previous session as Washington signaled it is close to signing an agreement with Iran to end their conflict, taming pro-inflationary risks. President Trump stated the US was on the final stages of talks with Tehran and three supertankers crossed the Strait of Hormuz with full cargoes, driving oil and fuel prices to retreat. The surge in energy inflation this year had already shown signs of spreading to core areas of the economy, resulting in hawkish dissents in the last Fed rate decision. Minutes from said decision are due shortly, set to unveil insights on how other FOMC members see risks of inflation rising further and whether the Fed has room for a lower balance sheet. The Fed is still expected to keep the federal funds rate unchanged for the remainder of the year, although market-implied odds of a rate hike in December currently stand at around 50%.
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