"Market Futures Signal Weak Start: Identifying Stock Drag Factors"

Nasdaq and S&P 500 futures indicate a weak open as earnings optimism competes with concerns over rising bond yields and geopolitical tensions in the Middle East. Tech heavyweights are sliding in premarket trading, while health benefit companies like UnitedHealth Group are rising after solid earnings reports. Global cues are negative, with most major averages plunging amid macro and geopolitical concerns. Analysts expect a potential reversal in sentiment, and upcoming economic data and speeches by Federal Reserve officials will be closely watched. Notable companies reporting earnings today include Bank of America, Morgan Stanley, and Johnson & Johnson. Crude oil futures traded lower, gold futures firmed up, and global equity markets were mostly in the red.