U.S. stock futures are near the flatline on Tuesday evening as the market entered a “wait-and-see” mode following a strong relief rally during the regular session. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) were up 0.05%, 0.01%, and 0.04%, respectively, at 6:17 p.m. EDT on April 14.
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Forget margin or options. Here's how the pros trade QQQEarlier in the day, major indices jumped as signs of progress in U.S.-Iran peace talks lifted market sentiment and pulled oil prices lower. Adding to the optimism, wholesale inflation for March came in far below expectations, easing pressure on interest‑rate worries. The Nasdaq, the S&P 500, and the Dow rose 2.0%, 1.2%, and 0.7%, respectively.
Looking ahead, key economic reports include the Empire State Manufacturing Survey, Import/Export Prices, the Housing Market Index, and the Beige Book. Several Fed officials are also scheduled to speak. On the earnings front, Bank of America (BAC), Morgan Stanley (MS), JB Hunt (JBHT), and PNC Financial (PNC) are scheduled to report quarterly numbers tomorrow.