US Futures Gain Slightly Ahead of Midterms
US stock futures edged higher on Tuesday as American voters headed to the polls for the midterm elections, with the Trump administration and Republican Party facing mounting political pressure over elevated energy prices. On the corporate front, Apple shares dropped nearly 3% in after-hours trading following slower sales growth and weaker-than-expected fourth-quarter revenue guidance. Palantir also declined almost 3% despite reporting stronger-than-anticipated Q3 earnings. Meanwhile, Anthropic reported a twelvefold increase in quarterly revenue and outlined plans to invest more than $895 billion over the coming years. Investors are now turning their attention to a series of earnings releases due Tuesday from major companies, including AMD, SMCI, Pfizer, Shopify and Booking Holdings. In Monday's regular session, the Dow gained 0.41%, while the S&P 500 and Nasdaq Composite fell 0.51% and 1.07%, respectively, as losses across semiconductor stocks intensified.
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US stock futures edged higher on Tuesday as American voters headed to the polls for the midterm elections, with the Trump administration and Republican Party facing mounting political pressure over elevated energy prices. On the corporate front, Apple shares dropped nearly 3% in after-hours trading following slower sales growth and weaker-than-expected fourth-quarter revenue guidance. Palantir also declined almost 3% despite reporting stronger-than-anticipated Q3 earnings. Meanwhile, Anthropic reported a twelvefold increase in quarterly revenue and outlined plans to invest more than $895 billion over the coming years.
Investors are now turning their attention to a series of earnings releases due Tuesday from major companies, including AMD, SMCI, Pfizer, Shopify and Booking Holdings. In Monday's regular session, the Dow gained 0.41%, while the S&P 500 and Nasdaq Composite fell 0.51% and 1.07%, respectively, as losses across semiconductor stocks intensified.