Stock futures were slightly higher Tuesday following a winning day for markets as investors looked ahead to U.S. midterm elections.
Futures tied to the Dow Jones Industrial Average rose 52 points, or 0.16%. S&P 500 futures were up 0.18%. Nasdaq 100 futures gained 0.47%.
Shares of Lyft fell nearly 20% premarket while Take-Two Interactive and Tripadvisor slumped more than 18% each after reporting disappointing quarterly results.
The moves come after a day when all major indexes notched a second straight positive session. The Dow Jones Industrial Average closed higher by 423.78 points, or 1.31%. Meanwhile, the S&P 500 gained 0.96%, and the Nasdaq Composite rose 0.85%.
Investors are awaiting Tuesday’s midterm election results. They will determine which party controls Congress and steer future policy and spending. Market participants will watch whether Republicans take back the House of Representatives, the Senate or both.
“The financial market reaction to a Republican win should be muted, as the House outcome is already widely expected, and the Senate outcome makes less of a difference to policy outcomes if Republicans control the House,” Goldman Sachs’ Jan Hatzius wrote in a Monday note.
“A surprise Democratic win in the House and Senate would likely weigh on equities, as market participants might expect additional corporate tax increases,” Hatzius added.
Wall Street will also closely watch Thursday’s consumer price index report for the latest data on how much the Federal Reserve’s interest rate hikes have tamed high inflation. This reading could also signal the central bank’s path forward – another hotter-than-anticipated report could embolden the Fed to raise rates aggressively in December.
Earnings season continues this week. On Tuesday, Lordstown Motors, Lucid Group, Walt Disney and AMC Entertainment all report their latest quarterly results.

Stock futures were slightly higher Tuesday following a winning day for markets as investors looked ahead to U.S. midterm elections.
Futures tied to the Dow Jones Industrial Average rose 52 points, or 0.16%. S&P 500 futures were up 0.18%. Nasdaq 100 futures gained 0.47%.
Shares of Lyft fell nearly 20% premarket while Take-Two Interactive and Tripadvisor slumped more than 18% each after reporting disappointing quarterly results.
The moves come after a day when all major indexes notched a second straight positive session. The Dow Jones Industrial Average closed higher by 423.78 points, or 1.31%. Meanwhile, the S&P 500 gained 0.96%, and the Nasdaq Composite rose 0.85%.
Investors are awaiting Tuesday’s midterm election results. They will determine which party controls Congress and steer future policy and spending. Market participants will watch whether Republicans take back the House of Representatives, the Senate or both.
“The financial market reaction to a Republican win should be muted, as the House outcome is already widely expected, and the Senate outcome makes less of a difference to policy outcomes if Republicans control the House,” Goldman Sachs’ Jan Hatzius wrote in a Monday note.
“A surprise Democratic win in the House and Senate would likely weigh on equities, as market participants might expect additional corporate tax increases,” Hatzius added.
Wall Street will also closely watch Thursday’s consumer price index report for the latest data on how much the Federal Reserve’s interest rate hikes have tamed high inflation. This reading could also signal the central bank’s path forward – another hotter-than-anticipated report could embolden the Fed to raise rates aggressively in December.
Earnings season continues this week. On Tuesday, Lordstown Motors, Lucid Group, Walt Disney and AMC Entertainment all report their latest quarterly results.

Stock futures were slightly higher Tuesday following a winning day for markets as investors looked ahead to U.S. midterm elections.
Futures tied to the Dow Jones Industrial Average rose 52 points, or 0.16%. S&P 500 futures were up 0.18%. Nasdaq 100 futures gained 0.47%.
Shares of Lyft fell nearly 20% premarket while Take-Two Interactive and Tripadvisor slumped more than 18% each after reporting disappointing quarterly results.
The moves come after a day when all major indexes notched a second straight positive session. The Dow Jones Industrial Average closed higher by 423.78 points, or 1.31%. Meanwhile, the S&P 500 gained 0.96%, and the Nasdaq Composite rose 0.85%.
Investors are awaiting Tuesday’s midterm election results. They will determine which party controls Congress and steer future policy and spending. Market participants will watch whether Republicans take back the House of Representatives, the Senate or both.
“The financial market reaction to a Republican win should be muted, as the House outcome is already widely expected, and the Senate outcome makes less of a difference to policy outcomes if Republicans control the House,” Goldman Sachs’ Jan Hatzius wrote in a Monday note.
“A surprise Democratic win in the House and Senate would likely weigh on equities, as market participants might expect additional corporate tax increases,” Hatzius added.
Wall Street will also closely watch Thursday’s consumer price index report for the latest data on how much the Federal Reserve’s interest rate hikes have tamed high inflation. This reading could also signal the central bank’s path forward – another hotter-than-anticipated report could embolden the Fed to raise rates aggressively in December.
Earnings season continues this week. On Tuesday, Lordstown Motors, Lucid Group, Walt Disney and AMC Entertainment all report their latest quarterly results.

Stock futures were slightly higher Tuesday following a winning day for markets as investors looked ahead to U.S. midterm elections.
Futures tied to the Dow Jones Industrial Average rose 52 points, or 0.16%. S&P 500 futures were up 0.18%. Nasdaq 100 futures gained 0.47%.
Shares of Lyft fell nearly 20% premarket while Take-Two Interactive and Tripadvisor slumped more than 18% each after reporting disappointing quarterly results.
The moves come after a day when all major indexes notched a second straight positive session. The Dow Jones Industrial Average closed higher by 423.78 points, or 1.31%. Meanwhile, the S&P 500 gained 0.96%, and the Nasdaq Composite rose 0.85%.
Investors are awaiting Tuesday’s midterm election results. They will determine which party controls Congress and steer future policy and spending. Market participants will watch whether Republicans take back the House of Representatives, the Senate or both.
“The financial market reaction to a Republican win should be muted, as the House outcome is already widely expected, and the Senate outcome makes less of a difference to policy outcomes if Republicans control the House,” Goldman Sachs’ Jan Hatzius wrote in a Monday note.
“A surprise Democratic win in the House and Senate would likely weigh on equities, as market participants might expect additional corporate tax increases,” Hatzius added.
Wall Street will also closely watch Thursday’s consumer price index report for the latest data on how much the Federal Reserve’s interest rate hikes have tamed high inflation. This reading could also signal the central bank’s path forward – another hotter-than-anticipated report could embolden the Fed to raise rates aggressively in December.
Earnings season continues this week. On Tuesday, Lordstown Motors, Lucid Group, Walt Disney and AMC Entertainment all report their latest quarterly results.

Stock futures were slightly higher Tuesday following a winning day for markets as investors looked ahead to U.S. midterm elections.
Futures tied to the Dow Jones Industrial Average rose 52 points, or 0.16%. S&P 500 futures were up 0.18%. Nasdaq 100 futures gained 0.47%.
Shares of Lyft fell nearly 20% premarket while Take-Two Interactive and Tripadvisor slumped more than 18% each after reporting disappointing quarterly results.
The moves come after a day when all major indexes notched a second straight positive session. The Dow Jones Industrial Average closed higher by 423.78 points, or 1.31%. Meanwhile, the S&P 500 gained 0.96%, and the Nasdaq Composite rose 0.85%.
Investors are awaiting Tuesday’s midterm election results. They will determine which party controls Congress and steer future policy and spending. Market participants will watch whether Republicans take back the House of Representatives, the Senate or both.
“The financial market reaction to a Republican win should be muted, as the House outcome is already widely expected, and the Senate outcome makes less of a difference to policy outcomes if Republicans control the House,” Goldman Sachs’ Jan Hatzius wrote in a Monday note.
“A surprise Democratic win in the House and Senate would likely weigh on equities, as market participants might expect additional corporate tax increases,” Hatzius added.
Wall Street will also closely watch Thursday’s consumer price index report for the latest data on how much the Federal Reserve’s interest rate hikes have tamed high inflation. This reading could also signal the central bank’s path forward – another hotter-than-anticipated report could embolden the Fed to raise rates aggressively in December.
Earnings season continues this week. On Tuesday, Lordstown Motors, Lucid Group, Walt Disney and AMC Entertainment all report their latest quarterly results.

1. Wall Street set to start the week lower after Friday’s rally

• Dow futures dropped nearly 150 points Monday ahead of a busy week for corporate earnings against the backdrop of increasing U.S. oil prices and a tick-up in bond yields. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq rallied Friday and for all of last week.
• The Dow was less than 1% from its Aug. 16 record close. The S&P 500 was nearly 1.5% away from its Sept. 2 record close. The Nasdaq was 3.1% from its Sept. 7 record close.
• The flood of earnings takes a pause Monday but picks back up Tuesday with Netflix, Johnson & Johnson, United Airlines and Procter & Gamble reporting.
• So far, 41 S&P 500 companies have delivered third-quarter results, with 80% of them topping EPS expectations, according to data from FactSet.
• Taking into account those already out and estimates for the rest, third-quarter profit growth would total 30%, the third-highest quarterly profit growth rate for S&P 500 firms since 2010, according to FactSet.

1. Wall Street set to start the week lower after Friday’s rally

• Dow futures dropped nearly 150 points Monday ahead of a busy week for corporate earnings against the backdrop of increasing U.S. oil prices and a tick-up in bond yields. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq rallied Friday and for all of last week.
• The Dow was less than 1% from its Aug. 16 record close. The S&P 500 was nearly 1.5% away from its Sept. 2 record close. The Nasdaq was 3.1% from its Sept. 7 record close.
• The flood of earnings takes a pause Monday but picks back up Tuesday with Netflix, Johnson & Johnson, United Airlines and Procter & Gamble reporting.
• So far, 41 S&P 500 companies have delivered third-quarter results, with 80% of them topping EPS expectations, according to data from FactSet.
• Taking into account those already out and estimates for the rest, third-quarter profit growth would total 30%, the third-highest quarterly profit growth rate for S&P 500 firms since 2010, according to FactSet.

1. Wall Street set to start the week lower after Friday’s rally

• Dow futures dropped nearly 150 points Monday ahead of a busy week for corporate earnings against the backdrop of increasing U.S. oil prices and a tick-up in bond yields. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq rallied Friday and for all of last week.
• The Dow was less than 1% from its Aug. 16 record close. The S&P 500 was nearly 1.5% away from its Sept. 2 record close. The Nasdaq was 3.1% from its Sept. 7 record close.
• The flood of earnings takes a pause Monday but picks back up Tuesday with Netflix, Johnson & Johnson, United Airlines and Procter & Gamble reporting.
• So far, 41 S&P 500 companies have delivered third-quarter results, with 80% of them topping EPS expectations, according to data from FactSet.
• Taking into account those already out and estimates for the rest, third-quarter profit growth would total 30%, the third-highest quarterly profit growth rate for S&P 500 firms since 2010, according to FactSet.

1. Dow set to jump as optimism builds for a debt celling deal

• Dow futures rose 300 points Thursday as Democratic senators signaled they were receptive to a debt ceiling offer from Senate GOP leader Mitch McConnell that would allow an emergency increase into December. Optimism about a possible deal swung Wall Street from sharp early Wednesday losses to modest gains at the close for the Dow Jones Industrial Average, the S&P 500 and the Nasdaq. All three benchmarks were tracking Thursday for three-session winning streaks after October started off with sharp back-and-forth losses and gains.

1. Dow set to jump as optimism builds for a debt celling deal

• Dow futures rose 300 points Thursday as Democratic senators signaled they were receptive to a debt ceiling offer from Senate GOP leader Mitch McConnell that would allow an emergency increase into December. Optimism about a possible deal swung Wall Street from sharp early Wednesday losses to modest gains at the close for the Dow Jones Industrial Average, the S&P 500 and the Nasdaq. All three benchmarks were tracking Thursday for three-session winning streaks after October started off with sharp back-and-forth losses and gains.

1. Dow set to jump as optimism builds for a debt celling deal

• Dow futures rose 300 points Thursday as Democratic senators signaled they were receptive to a debt ceiling offer from Senate GOP leader Mitch McConnell that would allow an emergency increase into December. Optimism about a possible deal swung Wall Street from sharp early Wednesday losses to modest gains at the close for the Dow Jones Industrial Average, the S&P 500 and the Nasdaq. All three benchmarks were tracking Thursday for three-session winning streaks after October started off with sharp back-and-forth losses and gains.

1. Dow, S&P 500 look to extend their rallies to four straight days

• U.S. stock futures rose Thursday as the Dow Jones Industrial Average and S&P 500 looked to add to their three-session winning streaks. The Nasdaq on Wednesday dipped after two straight days of strong advances. The Dow and S&P 500 eked gains Wednesday following rallies Monday and Tuesday as the Reddit-fueled retail trading frenzy dissipated.
  
• GameStop was once again volatile, finishing up nearly 2.7% at $92.41 per share Wednesday but still down 71% from Friday’s close of $325. In last week’s 400% surge, shares reached an all-time intraday high of $483 each. GameStop rose modestly in Thursday’s premarket.
  
• The Labor Department is set to release its weekly look at jobless claims at 8:30 a.m. ET. Economists expect 830,000 filings for initial unemployment benefits for the week ending Jan. 30. That would be down from the prior week’s 847,000. The government reports its January employment report Friday. ADP said Wednesday 174,000 jobs were added last month at U.S. companies, more than triple expectations.
  

1. Dow, S&P 500 look to extend their rallies to four straight days

• U.S. stock futures rose Thursday as the Dow Jones Industrial Average and S&P 500 looked to add to their three-session winning streaks. The Nasdaq on Wednesday dipped after two straight days of strong advances. The Dow and S&P 500 eked gains Wednesday following rallies Monday and Tuesday as the Reddit-fueled retail trading frenzy dissipated.
  
• GameStop was once again volatile, finishing up nearly 2.7% at $92.41 per share Wednesday but still down 71% from Friday’s close of $325. In last week’s 400% surge, shares reached an all-time intraday high of $483 each. GameStop rose modestly in Thursday’s premarket.
  
• The Labor Department is set to release its weekly look at jobless claims at 8:30 a.m. ET. Economists expect 830,000 filings for initial unemployment benefits for the week ending Jan. 30. That would be down from the prior week’s 847,000. The government reports its January employment report Friday. ADP said Wednesday 174,000 jobs were added last month at U.S. companies, more than triple expectations.