Stock futures fell in Tokyo, Hong Kong and Sydney, and were also lower in the U.S. in early trading, Bloomberg reported, as investors awaited earnings from chip giant Nvidia to see if it could meet high expectations.
Analysts predict revenue growth for the chip giant. Despite the recent pullback in technology stocks, AI hardware and chip companies have led the rebound.
Economic data indicate that if the U.S. economy achieves a soft landing and AI enthusiasm picks up further, the S&P 500 is expected to reach 6,000 by the end of the year.
