Traders work on the trading floor of the New York Stock Exchange (NYSE) on November 29, 2024 in New York City, the United States.
Brendan McDermid | Reuters
S&P 500 futures were flat Tuesday night after the broader index closed at a new record.
Futures and S&P 500 Index The amount added is less than 0.1%. Nasdaq 100 Futures up nearly 0.2%. Dow Jones Industrial Average Futures It rose 85 points, or 0.2%.
In an extension transaction, salesperson The company’s shares rose 10% after the company reported fiscal third-quarter revenue that beat expectations.
During regular meetings, S&P 500 Index rose slightly by 0.05%, while Nasdaq Index Add 0.4%. Both indexes closed at record highs. 30 stocks Dow Chemical It was the worst performer, with a drop of nearly 0.2%.
The major indexes got off to a tepid start in December’s trading month, compared with strong gains in November following Donald Trump’s victory in the polls. However, gains could pick up again this month, said George Smith, portfolio strategist at LPL Financial.
“Turn the calendar over to December and the momentum in stocks is likely to continue because historically it’s been a good month seasonally for stocks,” he said. “Historically, these strong returns have tended to be back-end loaded. ”
Labor market data – especially the November jobs report due out on Friday – could influence the next phase of the rebound. Data released on Tuesday showed that job openings totaled 7.74 million in October, exceeding economists’ forecasts.
On Wednesday, traders will review the ADP private payrolls report for November, which is expected to show a gain of 163,000 jobs, according to economists polled by Dow Jones. S&P Global U.S. services PMI, factory orders and durable goods are also scheduled for release.
On the Fed side, Chairman Jerome Powell will speak at a moderated discussion in New York on Wednesday afternoon.
In terms of profit, Chewy, dollar tree and Foot cabinet is one of the companies scheduled to report earnings on Wednesday morning.
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