S&P 500 Futures Dip as Rate and Debt Worries Mount

The Morning Bull - US Market Morning Update Thursday, Nov, 6 2025

US stock futures are pointing lower ahead of the open, as investors react to news that US household debt has climbed to a fresh all-time high and the 10-year Treasury yield has pushed to its highest level in a month. Signs of persistent borrowing and rising rates are stirring fresh concern about consumer resilience and the cost of credit, which is putting pressure on the broader equity market as investors weigh the trajectory of the economy.

In a market shaken by debt and rates, don't miss today's best undervalued stocks based on cash flows before the window closes.

Top Movers

Teva Pharmaceutical Industries (TEVA) soared 20.23% after reporting a return to profitability in Q3 earnings. IREN (IREN) jumped 14.68% as it signed a landmark multi-year GPU cloud deal with Microsoft. Sandisk (SNDK) climbed 11.27% following a price target boost to $230 from Morgan Stanley.

Is Sandisk still a smart investment or just hype? Read our most popular narrative and get all the answers you need.TEVA 1-Year Stock Price Chart

Top Losers

Pinterest (PINS) dropped 21.76% as disappointing Q4 guidance and tariff worries pressured shares. Zimmer Biomet Holdings (ZBH) fell 15.15% after earnings missed expectations and multiple analyst downgrades. Super Micro Computer (SMCI) declined 11.33% even after a raised price target, as earnings showed weaker Q1 profits.

Look past the noise - uncover the top narrative that explains what truly matters for Pinterest's long-term success.PINS 1-Year Stock Price Chart

On The Radar

Today’s session is dominated by a wave of high-profile earnings from both tech and energy heavyweights. These reports give investors a close look at sector momentum and consumer trends.

Tech Earnings:Airbnb (ABNB) and Trade Desk (TTD) report after the close Thursday. The focus will be on revenue growth and digital ad demand. Energy Focus:ConocoPhillips (COP) releases Q3 results Thursday morning, providing new insight into oil price impacts and capital spending. Affirm (AFRM) delivers Q1 numbers Thursday after the bell; margin trends and payment volume will offer information about the buy-now-pay-later sector. KKR (KKR) announces Q3 earnings pre-market on Friday, with attention on private equity deal flow and fee income. Duke Energy (DUK) reports Friday morning, updating on regulated utility returns and investor payout outlook as rates change.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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