Futures slide ahead of key earnings and economic data

US stock indices remain on a positive trajectory, but market pressure has intensified due to a sharp drop in Super Micro shares and the upcoming earnings reports from tech heavyweights Microsoft and Meta. Futures on the S&P 500 and Nasdaq are showing signs of a pullback as investors await fresh drivers.

Inflation and GDP figures remain the primary factors shaping market sentiment. These indicators could play a pivotal role in determining the next moves across equity markets. Follow the link for details.

White House rhetoric offers temporary support

Despite soft macroeconomic signals, investors continue to respond to statements from the US administration regarding trade negotiations. Optimism fueled by the White House's messaging has partially offset the drag from recent data.

However, as signs of economic cooling deepen, market pressure is building. The S&P 500 could turn to losses if the macro backdrop fails to improve. Heightened geopolitical tensions are also adding to volatility concerns.

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