U.S. stock futures were mixed Monday night after a strong start to a busy earnings week. Futures on the Nasdaq 100 (NDX) and the S&P 500 (SPX) Index were up 0.22% and 0.04%, respectively, while the Dow Jones Industrial Average (DJIA) futures were down 0.31% at 8:20 p.m. EDT on January 26.
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During Monday’s session, stocks finished solidly higher, helped by gains in large technology companies. The S&P 500 climbed 0.5%, while the DJIA gained 0.6%. Meanwhile, the tech-heavy Nasdaq Composite rose 0.4% as Apple (AAPL), Meta Platforms (META), and Microsoft (MSFT) moved higher ahead of their earnings reports later this week.
After the closing bell, shares of major health insurers sold off after the Centers for Medicare & Medicaid Services proposed raising Medicare Advantage payments by just 0.09% in 2027. Humana (HUM) fell 12%, while CVS Health (CVS) slid nearly 10%.
At the same time, President Donald Trump said late Monday that he plans to raise tariffs on South Korean autos, pharmaceuticals, and lumber from 15% to 25%.
Investors are now focused on the Federal Reserve’s policy decision this week. Rates are expected to stay unchanged, but markets will watch closely for signals on future rate cuts.
On the data front, traders will turn their attention Tuesday to the latest readings on consumer confidence and home prices.
Finally, on the earnings calendar, American Airlines (AAL) and Boeing (BA) are among the companies set to report quarterly results on Tuesday.