U.S. stock futures were steady on Monday evening after technology stocks fell again, pulling the S&P 500 Index (SPX) and Nasdaq lower for a second straight session. Futures on the Dow Jones Industrial Average (DJIA), the Nasdaq 100 (NDX), and the S&P 500 were up 0.06%, 0.21%, and 0.14%, respectively, at 6:35 p.m. EDT on May 18.
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In the regular trading session, tech stocks slipped to start a busy earnings week as oil prices climbed and Treasury yields kept rising. The Nasdaq and the S&P 500 dipped 0.5% and 0.1%, respectively, while the Dow added 0.3%.
Looking ahead, Home Depot (HD), Bilibili (BILI), CAVA Group (CAVA), and Toll Brothers (TOL) are set to report earnings on Tuesday. Traders will also watch for some key economic reports, including the pending home sales report.