Stock market today: Dow futures slip, Nasdaq steadies amid earnings rush, GDP and jobs data

Alphabet's recent earnings report has reignited optimism in Big Tech, which may positively influence investor sentiment towards tech stocks in the coming days as further earnings reports from major companies like Meta and Microsoft are expected. This sector has shown resilience, and strong earnings can lead to a broader market rally, especially if investors perceive continued growth in technology adoption and AI advancements.

The mixed signals from economic data provide a level of caution. While tech stocks may get a boost from favorable earnings, the slight deceleration in GDP growth could weigh on broader market sentiments. The performance of major companies will be pivotal, and any disappointments could result in downward pressure across the indices. Observing the implications of private payroll growth ahead of the jobs report is also critical in assessing market direction.