U.S. stock futures point to a weak start on Tuesday, signaling a pause after Monday's record run. Global cues are negative and commodity prices weakened as well. Traders may prefer to wait it out until the Federal Reserve meeting and May inflation reports. A cooler inflation report and/or a dot-plot chart that points to at least two rate cuts could help the market push ahead with renewed optimism. Oracle Corp.'s(NYSE:ORCL) earnings could also be in the spotlight, given the company's exposure to AI.
Futures | Performance (+/-) |
Nasdaq 100 | -0.25% |
S&P 500 | -0.22% |
Dow | -0.35% |
R2K | -0.85% |
In premarket trading on Tuesday,the SPDR S&P...
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