U.S. stock futures edged higher on Monday night, following a mostly higher session on Wall Street as investors returned to major technology equities following a severe sell-off last week, according to live market updates from CNBC.
The Bottom Line
- Dow Jones Industrial Average futures gained 56 points, or 0.1%, while S&P 500 futures rose 0.1% and Nasdaq-100 futures advanced 0.2% on Monday night.
- Regular trading on Wall Street saw the S&P 500 climb 0.4% and the Nasdaq Composite advance more than 1%, led by gains in heavyweight technology shares including Nvidia (NASDAQ: NVDA) and Tesla (NASDAQ: TSLA).
- Market participants face a heavy corporate earnings calendar on Tuesday, with United Airlines and General Motors (NYSE: GM) reporting alongside broader macroeconomic data releases.
Futures Rebound After Technology Sell-Off
Market sentiment stabilized at the start of the week as investors stepped back into the technology sector following a brutal rout in the prior session. Last week’s declines were driven by mounting anxiety over heavy corporate borrowing to fund artificial intelligence infrastructure build-outs. During regular trading hours, the S&P 500 advanced 0.4%, while the Nasdaq Composite gained more than 1%. Individual mega-cap stocks posted notable rebounds, with Nvidia (NASDAQ: NVDA) adding 1.4%, Tesla (NASDAQ: TSLA) jumping 3.8%, and Alphabet (NASDAQ: GOOGL) advancing about 1%.
“Improving moods regarding the prospects of modern technology have Wall Street breathing a sigh of relief as participants drop hedges, after the cost of volatility protection soared intraday on Friday, ahead of the intensifying selloff,” wrote Jose Torres, senior economist at Interactive Brokers.
Dow Jones Industrial Average futures traded 56 points higher, reflecting a 0.1% increase. S&P 500 futures matched that 0.1% gain, and Nasdaq-100 futures advanced 0.2%.
Diverging Indices Across Global Markets
While U.S. markets clawed back some lost ground, international exchanges experienced a largely negative session on Tuesday. In Asia, Japan’s Nikkei 225 declined 0.79%, while South Korea’s Kospi lost 2.31%. Australia’s S&P/ASX 200 traded 0.6% lower. In Greater China, Hong Kong’s Hang Seng Index fell 1.11%, and mainland China’s CSI 300 lost 0.58%.
Back in domestic markets, individual names caught in last week’s turbulence attempted recoveries. CoreWeave experienced a steep drop of more than 25% last week amid broader sector jitters. The company attempted to regain lost ground following an upgrade to buy from Goldman Sachs, though early gains fizzled and the stock closed slightly lower, according to CNBC reporting.
| Index / Asset | Session Movement | Direction |
|---|---|---|
| Dow Jones Futures | +56 points (+0.1%) | Higher |
| S&P 500 Futures | +0.1% | Higher |
| Nasdaq-100 Futures | +0.2% | Higher |
| Japan Nikkei 225 | -0.79% | Lower |
| South Korea Kospi | -2.31% | Lower |
Upcoming Earnings and Macroeconomic Data
Attention on Tuesday shifts quickly from equity recovery to fundamental corporate performance. Investors are set to parse through a heavy schedule of corporate earnings reports, with approximately 70 S&P 500 companies scheduled to release results during the week. General Motors (NYSE: GM) is slated to report its financial figures before the opening bell, while United Airlines will post its numbers after the market closes.
Alongside corporate scorecards, macroeconomic indicators will provide further direction for the Federal Reserve and market participants. Housing starts and pending home sales figures are both scheduled for release on Tuesday, offering a direct read on the health of the U.S. housing sector amid shifting borrowing costs.
Disclaimer: The information provided in this article is for educational and informational purposes only and does not constitute financial advice.
