Stock index futures were quiet Tuesday night as Wall Street focused on whether stocks could rebound to record highs this week.
Futures and S&P 500 Index down 0.1%. Nasdaq 100 Futures fell 0.1%, while Dow Jones Industrial Average Futures were down just 37 points.
this Dow Chemical and S&P 500 Index During Tuesday’s regular trading session, both fell from recent records, falling 0.75% and 0.76% respectively. this Nasdaq Index It fell 1.01%, but is still less than 2% from its all-time high. Technology stocks, especially semiconductor stocks, weighed on the S&P 500 and Nasdaq. Technology stocks fell 1.8% on Tuesday, NVIDIA A drop of more than 4%.
Brayn Talkington, managing partner of Requisite Capital Management, said on CNBC’s “Closing Bell” program that the stock market is likely to be volatile in the coming weeks as investors try to cope with the earnings season and the presidential election.
“Until the election is over and we can confirm gridlock, I don’t think we’re going to do much from the headlines, but I think underneath the surface we’re going to see haves and have-nots,” she said.
Earnings reports this week were mixed, with solid reports from major banks somewhat offset by weaker outlooks for companies such as . UnitedHealth Group and Dutch chipmaker ASML.
Wednesday, Morgan Stanley and Abbott Laboratories There are two noteworthy reports set to be released before the market opens.
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