U.S. stock futures are relatively flat ahead of the Wall Street open as investors monitor earnings reports and await Federal Reserve Chairman Kevin Warsh’s latest comments.

The moves come after gains for the major indices on the back of positive earnings from Nvidia (NVDA), Salesforce (CRM) and CrowdStrike (CRWD). Despite yesterday’s gains, of the 11 S&P 500 sectors, only Information Technology was higher, with a rise of 3% that lifted the entire market.

Earnings are bifurcated this morning with Marvell (MRVL) and Workday (WDAY) lower post results, but Gap Inc (GAP) and Affirm (AFRM) are higher.

Investors are looking ahead to Warsh’s planned speech at the central bank’s annual symposium in Jackson Hole, Wyoming. Traders will be watching for any clarity on monetary policy, impact of Fed task forces, and signals about where Warsh believe interest rates could go next.

Snapshot (as of 8 AM ET)

• Oil (/CL) – Oil futures are down 0.77% to $82.89 per barrel
• Gold (/GC) – Gold futures are down 0.42% to 4543.90 per ounce
• Bitcoin (/BTC) – The cryptocurrency futures are down 0.39% to 79,965
• VIX (/VIX) – The CBOE Volatility Index is down 0.28% to 14.47
• U.S. Dollar ($DXY) – The dollar index is up 0.04% to 99.195

Big Premarket Movers (as of 8 AM ET)

Advancers:

• Take-Two Interactive (TTWO) 2.15%
• Albemarle (ALB) 1.87%
• PG&E (PCG) 1.84%
• AppLovin (APP) 0.89%
• L3Harris Technologies (LHX) 0.77%

Decliners:

• PayPal Holdings (PYPL) -15.47%
• Marvell Technology (MRVL) -8.26%
• Autodesk (ADSK) -3.54%
• SanDisk (SNDK) -2.22%
• Coherent (COHR) -2.06%

Economic Data (ET)

• 9:45 AM: Chicago PMI
• 10:00 AM: Consumer Sentiment
• 10:00 AM: Fed Chair Warsh Speaks

Notable Earnings

• Premarket: N/A
• Postmarket: N/A
• Premarket Monday: SAIC
• Postmarket Monday: N/A

Upgrades/Downgrades

• Freedom Capital upgrades Element Solutions (ESI) to Buy from Hold
• Capital One downgrades Workday (WDAY) to Equal Weight from Overweight

This material is intended for informational purposes only and should not be considered a personalized recommendation or investment advice. Investors should review investment strategies for their own particular situations before making any decisions.

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Data contained herein is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. All events and times listed are subject to change without notice.