US Futures Point to Gains at the Open
US stock futures rose on Tuesday, with S&P 500 futures gaining 0.3%, Nasdaq 100 futures advancing 0.5% and Dow Jones futures climbing 130 points, extending gains from the previous session. Sentiment was supported by falling oil prices, while investors assessed fresh corporate developments ahead of the Federal Reserve’s monetary policy decision tomorrow. Nvidia rose 0.6% in premarket trading after announcing plans to invest $3 billion in Meta to expand their AI partnership, while Meta shares slipped 0.3%. Boeing gained 1.4% after narrowing its third-quarter loss, supported by stronger defense sales, while UPS advanced 1.5% after raising its revenue forecast. In contrast, Coca-Cola fell 0.4% as its results failed to impress investors despite beating earnings and revenue expectations. Alphabet and Amazon both edged up 0.4% ahead of their earnings reports later this week.
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US stock futures rose on Tuesday, with S&P 500 futures gaining 0.3%, Nasdaq 100 futures advancing 0.5% and Dow Jones futures climbing 130 points, extending gains from the previous session. Sentiment was supported by falling oil prices, while investors assessed fresh corporate developments ahead of the Federal Reserve’s monetary policy decision tomorrow. Nvidia rose 0.6% in premarket trading after announcing plans to invest $3 billion in Meta to expand their AI partnership, while Meta shares slipped 0.3%. Boeing gained 1.4% after narrowing its third-quarter loss, supported by stronger defense sales, while UPS advanced 1.5% after raising its revenue forecast.
In contrast, Coca-Cola fell 0.4% as its results failed to impress investors despite beating earnings and revenue expectations. Alphabet and Amazon both edged up 0.4% ahead of their earnings reports later this week.