Stock market, Home Depot earnings, stablecoin bill: 3 Things

US stock futures (ES=F, NQ=F, YM=F) slip into the red Tuesday morning as Wall Street wonders if the latest market rally has already stalled out. JPMorgan Chase & Co. (JPM) CEO Jamie Dimon warned of an “extraordinary amount of complacency” in markets the bank’s annual investor day on Monday.

Home Depot (HD) saw slightly mixed first quarter earnings results — just barely missing estimates on adjusted earnings per share — while same-store sales declined more than expected.

The GENIUS Act — a bill outlining the regulation of stablecoins — has passed a major hurdle in the Senate as it moves to be debated by lawmakers on the floor of the US Senate.

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