U.S. stock futures were mixed Tuesday evening after a rough day on Wall Street. Futures on the Nasdaq 100 (NDX) and the S&P 500 (SPX) were down 0.24% and 0.01%, respectively, at 6:57 p.m. EST on November 4, while the Dow Jones Industrial Average (DJIA) futures were up 0.14%.
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Earlier in the day, all three major indexes closed lower. The S&P 500, the Nasdaq Composite, and the Dow dropped 1.2%, 2%, and 0.5%, respectively, as investors were worried over valuations in the high-growth Technology sector.
With several government reports delayed due to the ongoing shutdown, investors are turning to limited data for clues on the economy. On Wednesday, the ADP private payrolls report, weekly mortgage applications, and ISM services data will be closely monitored.
Meanwhile, earnings season rolls on, with McDonald’s (MCD) set to report before the market opens tomorrow. Also, several major companies such as IonQ (IONQ), Qualcomm (QCOM), Lucid (LCID), AMC (AMC), Robinhood (HOOD), and Snap (SNAP) will report results later in the day.
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