- Schwab Network Morning Watchlist
- Posts
- Markets Point to Lower Open
Markets Point to Lower Open
Rick Ducat, CMT
May 19, 2026
Markets are pointing toward a lower open in early trading, with S&P 500 futures (/ES) down about -0.3% as traders prepare for Nvidia (NVDA) earnings Wednesday.
Oil prices pulled back somewhat Monday after President Donald Trump said he postponed a planned military attack on Iran at the behest of Middle Eastern leaders.
Today’s earnings include Home Depot (HD), which reported first quarter profit that beat analyst expectations. It maintained annual forecasts but warned of volatility. Also reporting: Keysight Technologies (KEYS), Toll Bros. (TOL), and Cava Group (CAVA). Meanwhile, traders looking for economic data have the ADP Employment Report and Pending Home Sales to consider.
Morning Movers
Snapshot (as of 7 AM ET)
Crude Oil Futures (/CL) – Oil is down -0.67% at about $103.67 per barrel
Gold Futures (/GC) – Gold is down -0.43% near $4,537.67 per ounce
Bitcoin (/BTC) – The cryptocurrency futures are down -0.27% at about 77,690
CBOE Volatility Index (VIX) – The Vix is up 1.18% at 18.05
U.S. Dollar Futures (/DX) – Dollar futures are up slightly
Biggest Premarket Movers (as of 7 AM ET)
Symbol | Product | Mark % Change (Winners) |
|---|---|---|
NOW | SERVICENOW INC | 5.11% |
INTU | INTUIT | 2.12% |
WDAY | WORKDAY INC A | 2.03% |
CRM | SALESFORCE INC | 1.55% |
ADBE | ADOBE INC | 1.31% |
Symbol | Product | Mark % Change (Losers) |
|---|---|---|
WDC | WESTERN DIGITAL CORP | -3.47% |
SNDK | SANDISK CORP | -3.10% |
AKAM | AKAMAI TECHNOLOGIES INC | -3.00% |
STX | SEAGATE TECHNOLOGY HLDGS PLC | -2.95% |
QCOM | QUALCOMM INC | -2.57% |
LITE | LUMENTUM HLDGS INC | -2.52% |
Economic Data (ET)
Time | Event |
|---|---|
8:15 AM | ADP Employment Change Weekly |
8:55 AM | Redbook YoY |
9:00 AM | Fed Waller Speech |
10:00 AM | Pending Home Sales MoM |
10:00 AM | Pending Home Sales YoY April |
11:30 AM | 6-Week Bill Auction |
04:30 PM | API Crude Oil Stock Change |
07:00 PM | Fed Paulson Speech |
07:00 PM | Fed Venable Speech |
Notable Earnings
Premarket | Postmarket | Premarket Tomorrow | Postmarket Tomorrow |
|---|---|---|---|
HD, EXP | KEYS, TOL, CAVA | TGT, LOW, TJX, VFC, ADI, HAS, ENS | NVDA, INTU, NDSN, URBN, ELF |
Upgrades/Downgrades
Bernstein upgrades American Tower to Outperform from Market Perform
UBS upgrades Jazz Pharmaceuticals to Buy from Neutral
Canaccord upgrades Progyny to Buy from Hold
DZ Bank downgrades CrowdStrike to Sell from Buy
BMO Capital downgrades The Hanover to Market Perform from Outperform
UBS downgrades James River Group to Neutral from Buy
Tune in live from 8 a.m. to 5 p.m. ET, or anytime, anywhere, on‑demand.
Or stream it via thinkorswim® and thinkorswim Mobile, available through our broker-dealer affiliate, Charles Schwab & Co., Inc
Please do not reply to this email. Replies are not delivered to Schwab Network. For inquiries or comments, please email [email protected].
See how your information is protected with our privacy statement.
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.
Schwab Network is brought to you by Charles Schwab Media Productions Company (“CSMPC”). CSMPC is a subsidiary of The Charles Schwab Corporation and is not a financial advisor, registered investment advisor, broker-dealer, or futures commission merchant.
Charles Schwab Media Productions Company and all third parties mentioned are separate and unaffiliated, and are not responsible for one another's policies, services or opinions.
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.