Futures Mixed as Bank Earnings Loom — SkimNews
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- Dow, S&P 500, and Nasdaq futures opened mixed as traders awaited big bank earnings for the session's directional catalyst.
- Stock losses deepened on the AI trade and a chip slide weighed on Wall Street, while Treasuries rallied in a concurrent safe-haven bid.
Why it matters: With big bank earnings serving as the session's main catalyst and AI-exposed chip stocks already dragging the major indexes, Wall Street's direction now depends on whether bank profit reports steady nerves or intensify the AI-led rotation into Treasuries.
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