U.S. stock futures flat as tech losses persist ahead of Fed and earnings
· Business · Investing.com, Seeking Alpha
U.S. stock futures traded flat on Tuesday following steep losses in the tech sector overnight, with investors awaiting Federal Reserve commentary and a wave of corporate earnings. S&P 500 and Nasdaq 100 futures were little changed after the tech selloff that pressured Wall Street in the previous session. Markets are bracing for key remarks from Fed Chair Jerome Powell and a slew of earnings reports that could set the near-term tone. The Cboe Volatility Index (VIX) remained elevated, reflecting persistent investor anxiety. Trading volumes were light as participants stood on the sidelines ahead of this week's major catalysts.
Why it matters
U.S. market volatility is set to remain elevated as the tech sector grapples with recent losses, potentially impacting global equity flows including those to India. Investor sentiment will be closely directed by the Federal Reserve's policy cues and corporate earnings outcomes, which ripple into emerging markets.
Read the original report — Investing.com
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