U.S. Stock Futures Dip After Volatile Session as Markets Await Economic Data
U.S. stock futures edged lower Tuesday evening following a mixed trading session that saw major indices close higher despite weakness in chipmakers. Nasdaq 100, Dow Jones, and S&P 500 futures declined marginally as investors turned cautious ahead of key economic reports.
The market's resilience continues to surprise as stocks notched a second consecutive day of gains in this holiday-shortened week. Chip stocks faced pressure after reports suggested Meta might pivot to Google's AI chips, creating Ripple effects across the semiconductor sector.
All eyes now turn to Wednesday's economic calendar featuring Durable Goods Orders, jobless claims, and the Fed's Beige Book. These releases could provide crucial insights into the economy's trajectory as we approach year-end.