NDX: Nasdaq Futures Lower After 0.4% Weekly Loss

The tech-heavy index doesn’t look too brightened up to start the week of Big Tech’s earnings drop.

• Futures contracts tied to the Nasdaq fell ahead of the opening bell as the most important earnings week for the geeks commences. We’re talking Microsoft, Google parent Alphabet, Amazon, and Facebook owner Meta Platforms. Where’s Apple? Apple pushed back its earnings report to May 4.
• Still, the Nasdaq Composite couldn’t entice investors enough last week, resulting in a weekly loss of 0.4%. With such a powerful lineup of technology heavyweights, however, volatility could snap back and get the index moving as easy as apple pie (sorry, but no apple this time).
• The Nasdaq’s two peers, the Dow and the S&P 500 are more or less vibing at the same lukewarm frequency in the early hours ahead of regular trading. Lackluster earnings results from EV maker Tesla and telecom giant AT&T last week kept a lid on broad-based optimism.