FX.co ★ US Futures Drop Ahead of More Earnings

U.S. stock futures edged lower on Monday as investors braced for a busy earnings week, with over 100 companies from the S&P 500 scheduled to release their results. Among the most eagerly anticipated reports are those from Palantir Technologies, Disney, AMD, Alphabet, and Amazon. Meanwhile, Nvidia drew attention after reports surfaced regarding the delay of its $100 billion investment in OpenAI, prompting renewed concerns about the future of artificial intelligence investments. On a broader scale, market participants are looking ahead to Friday's monthly jobs report, which is expected to provide insights into the labor market's health and implications for Federal Reserve policy. Late last week, concerns weighed on Wall Street following President Donald Trump's decision to nominate Kevin Warsh as the next chair of the Federal Reserve—a choice perceived as affirming a more disciplined and cautious approach to monetary easing. Additionally, traders continued to monitor multi-asset movements in the wake of a significant decline in gold, silver, and other metals.