US stocks set to open lower.

  • The major indices were mixed last week with the broader indices higher. The Dow industrial average fell.

The major US stock indices are set to open lower according to futures prices.

  • Dow Industrial average is trading down -202 points. On Friday, the index rose 90.99 points or 0.23%. For the week the index fell -0.11%.
  • S&P index is trading down -11 points. On Friday the index rose 40.79 points or 0.80%. For the week the index rose 0.95%.
  • NASDAQ index is trading down -9.41 points. On Friday the index surged by 183.02 points or 1.14%. For the week the index rose 1.74%

Some movers in premarket trading

  • Apple is lower as they were fined €1.8 billion from an antitrust fine alleging abuse from the App Store rules for music streaming apps. Apple shares are down -1.29% in premarket trading
  • Super Micro Computers is trading up $138.78 or 15.33% at $1044.25 after the announcement after the close last Friday that they would be included in the S&P 500
  • Deckers Outdoor Corporation was also added to the S&P and its shares are up 3.51% in premarket trading
  • Nvidia shares are up $16.41 or 1.99%
  • AMD shares are trading up 1.21% in premarket trading after surging by 14.8% last week
  • Broadcom shares are up 1.52% in premarket trading. They announce earnings on Thursday

Other major earnings announcements this week include:

Tuesday:

  • Nio
  • Target
  • CrowdStrike

Thursday

  • Broadcom
  • COstco
  • Docusign
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