S&P 500 Futures Fall, Google I/O Begins
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- S&P futures dropped in premarket trading as investors reacted to higher oil prices and Treasury yields.
- Google I/O kicked off, showcasing new AI features and expanding Gemini’s reach.
- U.S. Treasury yields climbed, adding pressure to equities alongside rising oil prices.
- Home Depot earnings are due later this week, creating a near‑term catalyst for retail stocks.
Why it matters: AI‑heavy investors see immediate losses as futures dip, while the S&P 500 stays at record highs and Nasdaq’s 12‑day winning streak persists, and Home Depot’s upcoming earnings will be a near‑term catalyst for retail stocks.
