U.S. Stock Futures Steady as Shutdown Deal Gains Momentum
U.S. stock futures held near flat on Monday evening following a strong trading session, buoyed by Optimism that a government shutdown may soon be averted. Nasdaq 100 (NDX), Dow Jones Industrial Average (DJIA), and S&P 500 Index (SPX) futures edged down marginally, reflecting cautious market sentiment.
Earlier in the day, the Nasdaq Composite surged 2.3%—its strongest performance since May—as investors flocked back to AI stocks after last week's dip. The S&P 500 and Dow Jones also posted gains of 1.5% and 0.8%, respectively.
Market participants now await remarks from Fed governor Michael Barr and the release of the NFIB optimism index, a key gauge of small business sentiment. Earnings reports from Oklo (OKLO), Workhorse (WKHS), SoftBank (SFTBY), and Sea (SE) will further shape Tuesday's trading landscape.