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Dow Futures Slip After Indices Continue Relief Rally

By Oliver Gray 

Investing.com - U.S. stock futures were trading lower during Tuesday's evening deals, after major benchmark indices extended gains for the second consecutive session after a weaker than expected JOLTs job openings reading boosted bets that the Federal Reserve will ease aggressive interest rate hikes.

By 19:10 ET (23:10 GMT) Dow Jones Futures, and Nasdaq 100 Futures fell 0.3% apiece while S&P 500 Futures were down 0.2%.

In extended deals, Airbnb Inc (NASDAQ:ABNB) gained 0.8%, Emerson Electric Company (NYSE:EMR) lifted 4.5% while Amylyx Pharmaceuticals Inc (NASDAQ:AMLX) dropped 3.4%.

Ahead in Wednesday’s session, market participants will be focusing on ADP employment change and trade balance data as well, and the ISM non-manufacturing PMI.

During Tuesday’s regular session, the Dow added 825.4 points or 2.8% to 30,316.3, the S&P 500 lifted 112.5 points or 3.1% to 3,790.9 and the Nasdaq Composite gained 361 points or 3.3% to 11,176.4.

On the bond markets, United States 10-Year rates were at 3.635%.

 

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.