Stocks Muted Before the Open as Tech-Led Selloff Stalls, Amazon Earnings on Tap

March S&P 500 E-Mini futures (ESH26) are up +0.07%, and March Nasdaq 100 E-Mini futures (NQH26) are up +0.14% this morning, steadying after days of selling as a global slump in technology stocks paused. Investors also digest an earnings report from Alphabet (GOOGL). Shares of Google’s parent fell over -2% in pre-market trading after it reported upbeat Q4 results but said it plans to nearly double capital expenditures this year. AI infrastructure stocks, meanwhile, were lifted by Alphabet’s much higher-than-expected spending outlook, with Broadcom (AVGO) rising more than +5% in pre-market trading. Investors now await U.S. jobless claims data and…