U.S. stock futures are mixed in premarket trading with weakness in technology stocks weighing on the Nasdaq-100 (NDX).

The moves come after the Dow Jones Industrial Average settled at another record high on Wednesday while the S&P 500 (SPX) and Russell 2000 (RUT) fell from intraday records.

Shares of memory chip stocks Western Digital (WDC) and Sandisk (SNDK) are sharply lower post earnings after giving underwhelming guidance. Oil prices are 1% higher near $76 a barrel but are down about 12% this week with encouraging signs that tensions in the Middle East could ease.

Investors will continue to focus on geopolitical tensions, earnings and economic data including today’s Jobless Claims.

Snapshot (as of 8 AM ET)

• Oil (/CL) – Oil futures are up 0.65% to $75.74 per barrel
• Gold (/GC) – Gold futures are up 0.42% to 4323.0 per ounce
• Bitcoin (/BTC) – The cryptocurrency futures are down 0.56% to 64,715
• VIX (/VIX) – The CBOE Volatility Index is up 1.27% to 16.01
• U.S. Dollar ($DXY) – The dollar index is up 0.06% to 99.736

Biggest Premarket Movers (as of 8 AM ET)

Advancers:

• Parker-Hannifin (PH) 6.48%
• Motorola Solutions (MSI) 5.66%
• DoorDash (DASH) 5.23%
• Constellation Energy (CEG) 4.52%
• Moderna (MRNA) 3.74%

Decliners:

• Datadog (DDOG) -21.71%
• AppLovin (APP) -19.10%
• Honeywell Aerospace (HONA) -14.81%
• Western Digital (WDC) -14.48%
• Fiserv (FISV) -12.59%

Economic Data (ET)

• 5:30 AM: Challenger Job Cuts
• 8:30 AM: Jobless Claims
• 8:30 AM: Productivity and Costs
• 10:30 AM: EIA Natural Gas Inventories
• 4:30 PM: Fed Balance Sheet

Notable Earnings

• Premarket: GOLF, WMS, APA, APPN, ATI, BDX, CNQ, CELH, CHGG, LNG, COP, CEG, QBTS, DDOG, DEO, UUUU, EPAM, FISV, FOXA, HP, HTZ, KVUE, KDP, DNUT, TAP, DNOW, PZZA, PH, PTON, PENN, PLNT, RL, QSR, RXO, FUN, TRIP, USFD, WRBY, WBD, ZTS
• Postmarket: AFL, ABNB, AKAM, AIG, TEAM, CARG, CLSK, NET, ED, CRSR, DKNG, DBX, FIVN, CART, JHX, FROG, LION, LYFT, MTW, MARA, MNST, MP, NOG, PK, POST, PGNY, RGTI, RKT, ROKU, SEZL, SG, TXRH, TTD, TWLO, WMG, WPM, YELP
• Premarket Friday: AMR, CGC, FLR, GLP, OKLO, SPB, TTWO, UAA, VST, WEN
• Postmarket Friday: N/A

Upgrades/Downgrades

• Deutsche Bank upgrades Coupang (CPNG) from Hold to Buy
• Raymond James upgrades Sabra Health Care REIT (SBRA) from Underperform to Market Perform
• Wolfe Research upgrades Global Payments (GPN) from Peer Perform to Outperform
• Summit Insights downgrades Western Digital (WDC) from Buy to Hold
• Benchmark downgrades Klaviyo (KVYO) from Buy to Hold
• Piper Sandler and Wells Fargo downgrade AppLovin (APP) from Overweight to Neutral and Overweight to Equal Weight, respectively

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.