Stock Market Today: Chip Stocks Wobble Again as Wall Street Braces for a Big Earnings Week

TLDR U.S. stock futures were mixed early Tuesday, with S&P 500 futures flat, Nasdaq-100 futures down 0.31% and Dow futures up 0.2%. Micron, Intel and Qualcomm fell in premarket trading after chip stocks led Monday’s rebound. The S&P 500 rose 0.4% and the Nasdaq gained 1.1% on Monday, following last week’s sharp sell-off. CoreWeave got a Goldman Sachs upgrade to buy but closed slightly lower, after falling more than 25% last week. About 70 S&P 500 companies report earnings this week, starting with General Motors and United Airlines on Tuesday. U.S. stock futures were mixed early Tuesday as chip stocks slipped in premarket trading. The moves came after Wall Street ended mostly higher on Monday. S&P 500 futures were flat. Nasdaq-100 futures fell 0.31%, while Dow Jones futures rose 0.2%.

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