Dow futures dip as markets await key data: 5 things to know before Wall Street opens
Dow futures remained flat on Tuesday, a day after technology stocks led the Wall Street rebound.
The futures tied to the Dow Jones Industrial Average were trading down by about 33 points or 0.1%, while the Nasdaq futures declined by 95 points, or 0.3%.
S&P 500 futures also traded on a muted note on Tuesday, and were 13 points (0.1%) down at press time.
The market was likely influenced by the anticipation of key economic data and ongoing developments related to the US government shutdown talks.
5 things to know before Wall Street opens
1. The longest shutdown in the United States is looking at its end after the Senate passed a temporary funding measure on Monday.
The Senate vote was 60-40, with eight Democrats joining all but one Republican to push the measure forward.
The bill funds the government at current levels through January 30, 2026, and includes appropriations for military construction, veterans affairs, and the Department of Agriculture.
2. Ahead of the opening bell, a bulk deal chatter was all around the corner as SoftBank had sold its entire stake in Nvidia, totaling approximately $5.83 billion.
SoftBank’s decision to sell is part of its broader effort to rebalance its portfolio as the tech and AI markets keep shifting.
Nvidia shares initially reacted minimally to the news, with analysts noting that SoftBank’s move was closely watched given Nvidia’s prominent role in AI hardware.
3. President Donald Trump says trade talks with both India and Switzerland are moving in the right direction, hinting that tariff cuts could be on the way.
Speaking about India, Trump mentioned that the US is “close to a fair deal” and suggested that the tariffs, raised earlier due to sanctions tied to Russian oil, would eventually come down.
As for Switzerland, Trump noted that discussions are underway to roll back the steep 39% tariff that was put in place earlier this year.
He called Switzerland a strong ally and stressed the importance of finalizing a deal that benefits both sides soon.
4. The 10-year Treasury yield rose notably on Tuesday, as optimism grew over a potential end to the US government shutdown.
The prospect of a funding deal passing in the Senate boosted market confidence, reducing fears of prolonged fiscal disruption.
Investors responded by selling some Treasuries, pushing yields higher.
The move means that the market is expecting improved government spending and economic stability once the shutdown ends.
5. The global markets had a mixed day on Tuesday as traders weighed ongoing trade talks and developments in the AI sector.
Japan’s Nikkei 225 slipped a bit, mostly because investors were locking in profits from recent tech stock rallies.
Meanwhile, Hong Kong’s Hang Seng index moved higher, helped by renewed optimism around easing geopolitical tensions.
Over in Europe, major indices like the Stoxx 600, FTSE 100, CAC 40, and DAX saw only mild ups and downs. Investors there stayed cautious ahead of key economic data and the final outcome of the US government shutdown discussions.
The post Dow futures dip as markets await key data: 5 things to know before Wall Street opens appeared first on Invezz
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Dow futures dip as markets await key data: 5 things to know before Wall Street opens
Dow futures remained flat on Tuesday, a day after technology stocks led the Wall Street rebound.
The futures tied to the Dow Jones Industrial Average were trading down by about 33 points or 0.1%, while the Nasdaq futures declined by 95 points, or 0.3%.
S&P 500 futures also traded on a muted note on Tuesday, and were 13 points (0.1%) down at press time.
The market was likely influenced by the anticipation of key economic data and ongoing developments related to the US government shutdown talks.
5 things to know before Wall Street opens
1. The longest shutdown in the United States is looking at its end after the Senate passed a temporary funding measure on Monday.
The Senate vote was 60-40, with eight Democrats joining all but one Republican to push the measure forward.
The bill funds the government at current levels through January 30, 2026, and includes appropriations for military construction, veterans affairs, and the Department of Agriculture.
2. Ahead of the opening bell, a bulk deal chatter was all around the corner as SoftBank had sold its entire stake in Nvidia, totaling approximately $5.83 billion.
SoftBank’s decision to sell is part of its broader effort to rebalance its portfolio as the tech and AI markets keep shifting.
Nvidia shares initially reacted minimally to the news, with analysts noting that SoftBank’s move was closely watched given Nvidia’s prominent role in AI hardware.
3. President Donald Trump says trade talks with both India and Switzerland are moving in the right direction, hinting that tariff cuts could be on the way.
Speaking about India, Trump mentioned that the US is “close to a fair deal” and suggested that the tariffs, raised earlier due to sanctions tied to Russian oil, would eventually come down.
As for Switzerland, Trump noted that discussions are underway to roll back the steep 39% tariff that was put in place earlier this year.
He called Switzerland a strong ally and stressed the importance of finalizing a deal that benefits both sides soon.
4. The 10-year Treasury yield rose notably on Tuesday, as optimism grew over a potential end to the US government shutdown.
The prospect of a funding deal passing in the Senate boosted market confidence, reducing fears of prolonged fiscal disruption.
Investors responded by selling some Treasuries, pushing yields higher.
The move means that the market is expecting improved government spending and economic stability once the shutdown ends.
5. The global markets had a mixed day on Tuesday as traders weighed ongoing trade talks and developments in the AI sector.
Japan’s Nikkei 225 slipped a bit, mostly because investors were locking in profits from recent tech stock rallies.
Meanwhile, Hong Kong’s Hang Seng index moved higher, helped by renewed optimism around easing geopolitical tensions.
Over in Europe, major indices like the Stoxx 600, FTSE 100, CAC 40, and DAX saw only mild ups and downs. Investors there stayed cautious ahead of key economic data and the final outcome of the US government shutdown discussions.
The post Dow futures dip as markets await key data: 5 things to know before Wall Street opens appeared first on Invezz
Read More
Nebius lands $3B Meta AI contract, posts 355% revenue surge