Five Pre-Market Alerts

U.S. equity index futures drift downward before the opening bell. President Trump posts that Apple shares surge after Intuit beats estimates. Deckers Outdoor withholds annual guidance - its stock drops. The Census Bureau releases April new home sales figures today.

S&P 500 futures retreat 0.4 percent after the cash index rose 0.3 percent yesterday. The 10-year Treasury yield slips to 4.47 percent. Gold futures advance. Crude-oil contracts climb. Bitcoin eases yet remains above $111,000.

At 6:13 a.m. ET Trump writes on Truth Social: “Apple up 9 percent pre market on blow out numbers from Intuit.” Intuit, parent of TurboTax but also Credit Karma, reports fiscal third quarter revenue of $7.63 billion - surpassing the $7.54 billion consensus. Deckers Outdoor, maker of Ugg besides Hoka, declines 18 percent in early trading after it omits fiscal 2026 guidance. Deckers cites tariff uncertainty. The firm forecasts second quarter net sales between $890 million and $910 million, below the $960 million Visible Alpha consensus. Roughly 80 percent of Deckers production sits in China.

Economists expect the April new home sales report to show a 640,000-unit annual rate, down from 692,000 in March.