Stock futures are showing an upward trend on Tuesday morning as investors carefully consider the earnings reports from several retailers. This comes as they eagerly await the results from technology companies that are set to be released after the bell. The markets started the week on a positive note, with the Dow achieving a record closing high and the S&P 500 marking six consecutive days of gains.

Retailers: Big Movers in the Morning

Among the notable movers on Tuesday morning are retailers. Dick’s Sporting Goods (DKS) saw a significant increase of 8% as the company reported strong quarterly results. On the other hand, Best Buy (BBY) and Kohl’s (KKS) faced declines of 3% and 17% respectively after releasing their earnings. Kohl’s also made an announcement yesterday, stating that CEO Tom Kingsbury is stepping down after a brief tenure of less than two years. This has added an element of uncertainty to the retail sector.The performance of these retailers highlights the importance of earnings in driving stock prices. Strong earnings can lead to significant price hikes, while disappointing results can result in declines. Investors are closely monitoring these trends to make informed decisions about their portfolios.

Tech Companies: Scheduled Earnings Releases

A series of quarterly reports from prominent tech companies are scheduled for later today. This is the last batch of earnings news before the Thanksgiving holiday. Dell Technologies (DELL), CrowdStrike (CRWD), Workday (WDAY), and HP (HPQ) are all set to release their results. These companies play a crucial role in the technology sector and their earnings will have a significant impact on the market.In premarket trading, large-cap tech companies were generally higher. AI investor favorite Nvidia (NVDA) led the way with a 1% increase after sliding more than 4% yesterday. Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL), Meta Platforms (META), and Tesla (TSLA) were also making gains. The performance of these tech giants reflects the market's optimism about the sector's future.

Other Assets: Bitcoin and Gold

Bitcoin (BTCUSD) was trading at around $92,000, experiencing a second consecutive day of decline after reaching a record high of just below $100,000 on Friday. This shows the volatility of the cryptocurrency market and the impact of external factors on its price.Gold futures, on the other hand, were up 0.5% at around $2,630 an ounce, recovering some of the losses from the previous session. Gold is often seen as a safe haven asset during times of market uncertainty, and its performance reflects investors' search for stability.Oil futures also added about 0.5%, indicating a positive sentiment in the energy market. This could be attributed to various factors such as global economic conditions and supply-demand dynamics.

Interest Rates: Yield on 10-Year Treasurys

The yield on 10-year Treasurys was up slightly at 4.28% after a significant decline yesterday. This sent yields to their lowest levels since early November. The steady rise in yields over the past few weeks was due to market participants recalibrating their expectations about the Federal Reserve's stance on interest rates. As the market anticipates a potential shift in the Fed's policy, yields are likely to continue to fluctuate.In conclusion, Tuesday morning's stock futures market is a complex web of earnings reports, tech releases, and other economic indicators. Investors are closely watching these developments to make sense of the market's direction and adjust their strategies accordingly. The upcoming earnings season and the actions of the Federal Reserve will play a crucial role in shaping the market's future.