US Market Outlook for Tuesday, February 24, 2026
US stock index futures ticked modestly higher in early pre-market trading, attempting a rebound after Monday’s sharp sell-off driven by persistent AI disruption fears and uncertainty surrounding President Trump’s recent global tariff hikes. Investors are digesting the broader implications for tech spending, supply chains, and inflation, with focus shifting to upcoming economic data like consumer confidence and earnings from names like Home Depot and Salesforce this week. Megacap tech showed signs of stabilization pre-market, with names like Microsoft and Meta edging up after heavy losses.
Premarket Snapshot
- Overall tone: Mildly bullish and recovery attempt futures edging green amid dip-buying, but AI and tariff concerns linger; light volumes possible with no major data today until consumer confidence at 10 AM
- Key drivers: AI scare easing slightly; Trump’s tariff threats to trading partners; earnings ramp-up.
Key Index Levels to Watch
SPX (S&P 500)
- Last Close: 6,837 range
- Support: 6,800–6,780 ; deeper 6,731–6,700
- Resistance: 6,900–6,950
QQQ (Nasdaq-100 ETF)
- Last Close: 600–610 range
- Support : 595–590
- Resistance : 615–620
Top Trending Premarket Stocks
| VIR (Vir Biotechnology ) | Entry: 11.50–12.00 |Tgt 13–14+ | Stop loss below 10.50–11.00
AMD | Entry: 220–222 | Tgtv230–235 | Stop loss 215–218 |
| KEYS (Keysight Technologies) |Entry: 280–282 | Tgt 290–295 |Stop loss: 275–278 |
Bottom Line
Futures pointing to a tentative bounce after Monday’s AI and tariff battering tech relative strength could drive upside if consumer data supports, but risks remain from trade headlines or earnings misses.
Trade ideas 💡 for today
AMZN if holds 205 can test 211 again
Sl 201
NBIS if hold 102 can test 111 to 114
Sl 96
TSLA if holds 396 can test 406 to 411
Sl 390
IREN if holds 42 can test 45 to 47
Sl 39
META if break 638 can test 630
Sl 643
MU if breaks 425 can test 414 to 418
Sl 432