US Stock Futures Steady Ahead of Inflation Report, Earnings Expectations
US stock futures remain stable as investors anticipate the release of January's inflation report. Nasdaq futures (NQ=F) gain 0.2%, while S&P 500 futures (ES=F) and Dow Jones futures (YM=F) remain unchanged.
The January CPI report, scheduled for Wednesday at 8:30 a.m. ET, is expected to show a moderate 0.3% rise in consumer prices from the previous month. Excluding food and gas, prices are projected to increase 3.1% year-over-year.
Federal Reserve Chair Jerome Powell reiterated caution on cutting interest rates amid sustained inflation and uncertainties surrounding President Donald Trump's economic policies.
Social media companies Reddit (RDDT) and Robinhood (HOOD) are set to report earnings after market close on Wednesday, with high expectations from Wall Street.
Market sentiment has been impacted by trade tensions, with a report indicating declining trust in Trump's handling of the economy. Reciprocal tariffs are anticipated from various countries by Friday.
AI-Driven Stock Surge in China Gains Momentum
Analysts from Morgan Stanley, JPMorgan Chase, and UBS predict continued stock gains fueled by DeepSeek's artificial intelligence model in China. This surge is supported by the country's emerging technological capabilities.
Alibaba Stock Jumps on Apple AI Collaboration
Alibaba (BABA) shares surged over 10% after news emerged of its partnership with Apple (AAPL) to venture into the artificial intelligence sector in China.