Dow, S&P 500, Nasdaq futures slide as Trump's Fed pick, Apple earnings take focus

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  • Market close:

    • S&P 500: 6,969.01 (−9.02, 0.13%)
    • Dow Jones: 49,071.56 (+55.96, 0.11%)
    • NASDAQ: 23,685.12 (−172.33, 0.72%)

  • Stock Market Today:

    • US stock futures slid (S&P 500 -0.9%, Nasdaq 100 -1.2%, Dow Jones -0.7%).
    • Focus on President Trump's upcoming Fed Chair pick (Kevin Warsh, Chris Waller, Rick Rieder, Kevin Hassett as potential candidates).
    • Mixed bag of Big Tech earnings for the week, including Apple results.

  • EdgeUp:

    • Marvell stock slid premarket due to a Microsoft-led tech selloff and concerns over AI spending.
    • SanDisk stock surged premarket after an upbeat profit forecast and a renewed supply deal.
    • Strategy Inc stock fell premarket as bitcoin sank amid rumors about the Fed Chair pick.
    • SanDisk’s earnings forecast was significantly higher than Wall Street estimates, justifying its stock surge.
    • TechCreate Group stock continued to surge in premarket trading with no fresh news cited.
    • Gold and silver plunged in a major sell-off, reversing a recent rally.
    • Apple topped Q1 earnings estimates with record-breaking iPhone sales.

  • Friday Fact:

    • The U.S. stock market has never produced a negative return over any 20-year period since 1926.

  • Top 5 Movers In Early Pre-Market:

    1. TCGL (TechCreate Group Ltd.): +128.00%
    2. VIVS (VivoSim Labs, Inc.): +107.65%
    3. ANL (Adlai Nortye Ltd.): +62.18%
    4. LRHC (La Rosa Holdings Corp.): +29.43%
    5. SNDK (Sandisk Corporation): +20.71%

  • Today’s Economic Dates:

    • 8:30 AM ET: Producer price index (Dec.)
    • 8:30 AM ET: Core PPI (Dec.)
    • 8:30 AM ET: PPI year over year (N/A)

  • Yesterday's Biggest Movers:

    1. ANL (Adlai Nortye Ltd.): +88.18% (no notable news)
    2. FEED (ENvue Medical, Inc.): +66.96% (no notable news)
    3. CATX (Perspective Therapeutics, Inc.): +66.41% (no notable news)

  • Today’s Notable Earnings (Before Market Open):

    • XOM (Exxon Mobil) Q4 2025: Estimate 1.690
    • CVX (Chevron) Q4 2025: Estimate 1.440
    • BEN (Franklin Resources) Q1 2026: Estimate 0.550

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