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After a record day on the S & P 500, stock futures have changed little.

The trader works on the floor of the New York Stock Exchange (NYSE) in New York City on July 15, 2021.

Brendan MacDermid | Reuters

US equity futures fell slightly after the S & P 500 set a new record in regular sessions on Tuesday night.

The Dow Jones Industrial Average futures fell 33 points (0.09%). S & P 500 and Nasdaq 100 futures fell 0.09% and 0.03%, respectively.

After the bell on Tuesday, a strong earnings season continued. Lyft When Caesars Entertainment It reports stronger than expected results in the second quarter and cites a recovery to pre-pandemic activity levels. Lyft and Caesars each rose with over 3.5% after-hours trading.

In a regular trading session, the Dow Jones Industrial Average rose 278 points (0.8%) to 35,116.40. The S & P 500 rose 0.8% to a record high of 4,423.15. The Nasdaq Composite Index rose 0.6% to 14,761.29.

These rises followed an early morning slump when overall stocks were nearly in the red after a decade of Treasury yields fell to 1.15% on Monday. Lower bond yields were triggered by concerns about the spread of delta coronavirus variants and comments by Federal Reserve Board of Governors Christopher Waller who told CNBC that the central bank could begin tapering bond purchases. rice field. As early as October..

The Treasury yield for 10 years rose slightly to 1.17% on Tuesday. Lower bond yields tend to set a more bearish tone for equity and can confuse some, but investors say August is Brulan’s second-year equity volatility. Is expected to increase.

The earnings season continues on Wednesday and Toyota and General Motors are set to report before Bell. Travel stocks MGM Resorts, Wynn Resorts and Booking Holdings will report after Bell.

Investors are also looking at employment data released by ADP on Wednesday.

After a record day on the S & P 500, stock futures have changed little.

Source link After a record day on the S & P 500, stock futures have changed little.

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