Stock Market Today: Nasdaq Futures Rise, S&P 500 Slips Amid Mixed Trade-Kenvue, Micron Tech, Nvidia In Focus


Source: benzinga.com benzinga.com

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U.S. stock futures were fluctuating on Tuesday following Monday’s record advances. Futures of major benchmark indices were mixed. Fueled by expectations that the AI trade and future Federal Reserve interest-rate cuts will continue to power the market, stocks surged on Monday to secure a third consecutive record-high close. Investors are eyeing the central bank’s chair, Jerome Powell, who is scheduled to deliver a speech on monetary policy later Tuesday. Meanwhile, the 10-year Treasury bond yielded 4.13% and the two-year bond was at 3.59%. The CME Group's FedWatch tool’s projections show markets pricing a 91.9% likelihood of the Federal Reserve cutting...