U.S. stock futures were mixed early Wednesday after the S&P 500 and 30-stock Dow closed at record highs. Futures on the Nasdaq 100 (NDX) and the S&P 500 (SPX) were down 0.18% and 0.08%, respectively, while those on the Dow Jones Industrial Average (DJIA) were up 0.07%, at 3:23 a.m. EST on January 7.
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During Tuesday’s regular trading, the three major averages closed higher as investors shrugged off worries from the U.S. strike on Venezuela over the weekend. The S&P 500 advanced 0.62%, the Dow surged 0.99% to close above the 49,000 mark for the first time, and the Nasdaq 100 rose 0.94%.
The CES 2026 event and concerns about memory chip shortage drove data storage stocks SanDisk (SNDK), Western Digital (WDC), and Seagate (STX) higher. Additionally, Amazon (AMZN) and Palantir (PLTR) helped lead the indexes higher amid general AI optimism.
Looking ahead, traders will focus on key economic reports such as JOLTs Job Openings data, factory orders, and the ISM Services PMI report.
On the earnings front, notable companies reporting results today include Applied Digital (APLD), Constellation Brands (STZ), Cal-Maine Foods (CALM), and Albertsons Companies (ACI).
Notably, the U.S. 10-year Treasury yield was down, floating near 4.15%. WTI crude oil futures were trending lower, hovering near $56.27 per barrel as of the last check. Additionally, the Gold Spot U.S. dollar price decreased to nearly $4,465 per ounce on Wednesday.
Elsewhere, European indexes opened mixed on Wednesday as fears over the U.S. attack on Greenland grew. The U.S. President Donald Trump’s team is eyeing a military option to acquire Greenland for national security against Russia and China, according to a White House spokesperson.
Asia-Pacific Markets Traded Mixed
Asia-Pacific markets traded mixed on January 7 amid rising geopolitical uncertainty.
Hong Kong’s Hang Seng Index fell 0.98%. In China, the Shanghai Composite rose 0.05%, while the Shenzhen Component added 0.18%. Meanwhile, Japan’s Nikkei declined 1.06%, and the Topix fell 0.77%.
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