U.S. stock futures were flat ahead of Tuesday’s session after a strong trading session due to optimism that the U.S. government shutdown may soon end. Futures on the Nasdaq 100 (NDX) and the S&P 500 Index (SPX) were down 0.17%, 0.09%, respectively, while the Dow Jones Industrial Average (DJIA) futures edged up 0.01% at 12:15 a.m. EST on November 11.
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Earlier in the day, the Nasdaq Composite surged 2.3%, its strongest performance since May, as investors returned to AI stocks after last week’s dip. Further, the S&P 500 and the Dow Jones rose 1.5% and 0.8%, respectively.
Looking ahead, Fed governor Michael Barr is expected to speak tomorrow. Also, the NFIB optimism index, a monthly measure of how optimistic small business owners are about the economy, will be made public on Tuesday.
On the earnings front, Oklo (OKLO), Workhorse (WKHS), SoftBank (SFTBY), and Sea (SE) will release their results tomorrow.
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