Stock Futures Point Slightly Higher; Nvidia, Retail Giants to Report Results This Week

Stock futures pointed slightly higher to begin the week, which will see AI darling Nvidia and retail giants Walmart, Home Depot, Lowe’s, and Target report quarterly results. 

Futures associated with the Nasdaq rose 0.5% after the tech-heavy index fell 0.5% last week, its second straight weekly decline. Those affiliated with the benchmark S&P 500 and blue-chip Dow Jones Industrial Average were up 0.3% and 0.1%, respectively, after both indexes posted weekly gains.

Bitcoin was trading around $95,600 after dropping below $93,000 overnight, its lowest level since early May. The yield on the 10-year Treasury note declined to 4.12% from Friday’s close of 4.15%.

The U.S. dollar index, which tracks the performance of the dollar against a basket of foreign currencies, ticked higher to 99.43. Gold futures slipped 0.6% to $4,070 per ounce. WTI crude futures, the U.S. oil benchmark, were little changed at just above $60 per barrel.

Investors will be paying close attention to Nvidia (NVDA) this week as the world’s most valuable company reports its quarterly earnings on Wednesday. The AI trade has driven recent market volatility over worries about corporate valuations in that sector. Nvidia shares were down about 0.4% in premarket trading.

Traders also will be focused this week on the several retail giants. Shares of Home Depot (HD), which reports results early Tuesday, edged higher before the bell; those of TJX (TJX), Lowe’s (LOW), and Target (TGT), which report Wednesday morning, were slightly lower, near flat, and up 0.6%, respectively; and those of Walmart (WMT), which reports earnings early Thursday and just announced that announced CEO Doug McMillon will retire on Jan. 31, 2026, were down 0.2%.

Elsewhere, shares of Google parent Alphabet (GOOGL) surged 5% before the bell after Warren Buffett’s Berkshire Hathaway (BRK.B) disclosed it had bought 17.8 million shares worth more than $4 billion in the third quarter.