U.S. stock futures moved lower Wednesday late night as investors reacted to earnings from Nvidia (NVDA) and Salesforce (CRM). Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) Index were down 0.35%, 0.20%, and 0.19%, respectively, at 12:13 a.m. EDT on February 26.
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New trading tool for QQQ bullsIn extended trading, Nvidia shares barely moved despite another earnings and revenue beat, keeping market sentiment cautious given the company’s huge influence on tech stocks and major indexes. Meanwhile, Salesforce fell about 5% after issuing softer-than-expected Fiscal 2027 revenue guidance.
This followed a strong day for equities. The S&P 500 rose 0.8% for a second straight gain, while the Nasdaq Composite jumped 1.3%. The Dow closed 0.63% higher. Tech and software stocks rebounded broadly, with Oracle (ORCL) up 1.2% and all members of the “Magnificent Seven” closing in the green.
Looking ahead, traders will watch earnings from Warner Bros. Discovery (WBD), Dell Technologies (DELL), and CoreWeave (CRWV) on Thursday. On the economic front, weekly jobless claims data will be released Thursday, followed by the January Producer Price Index (PPI) report on Friday.