Investing.com-- U.S. stock index futures fell slightly in evening deals on Monday, steadying after a sharp rebound on Wall Street as investors returned to technology stocks ahead of key earnings from the sector.
Tesla’s earnings are set to show how the electric vehicle maker is navigating a sharp decrease in demand, while focus will also be on its promises of AI-driven autonomous driving and robotaxis.A large rotation back into technology stocks saw Wall Street rebound on Monday, although benchmark indexes still remained well below recent peaks.
But uncertainty over the U.S. political outlook increased after President Joe Biden said he will not seek reelection, instead endorsing Vice President Kamala Harris as the Democratic presidential nominee. Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
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