Stock Market Today: Live Updates

Stock futures rose slightly early Tuesday after the Nasdaq Composite hit a new record high.

S&P 500 futures rose 0.11%, while Dow futures gained 76 points, or 0.15%. Nasdaq-100 futures added 0.15%.

During a normal trading day, the Nasdaq Composite gained about 1% to reach an all-time high and record close. THE Dow Industries advanced by around 90 points, or 0.2%, while the S&P500 added 0.7%

Stocks related to artificial intelligence trading saw notable moves during the day. EspaceX jumped more than 7%, while Nvidia And Tesla rose by more than 2% each. Metaplatforms And Microsoft jumped more than 1%.

In Asia, Japan’s Nikkei 225 gained 0.29% on Tuesday, while the South Korean index Kospi was down 0.23%. The Australian S&P/ASX 200 index rose 0.53%. that of Hong Kong Hang Seng Index added 0.95%, while the mainland China market remained closed for the Golden Week holiday.

Oil prices fell on Monday. Brent crude futures slipped 1.9% to close at $100.32 a barrel and West Texas Intermediate crude fell about 1.8% to $89.43 a barrel. Oil was trading slightly higher on Tuesday.

Treasury yields remained in focus, as Yield on 10-year notes once again, it reached highs last seen in 2002, exceeding 5.3%. THE Return over 30 years also exceeded 5.7% at one point, also for its highest level in 24 years.

Bonds have been volatile over the past six weeks, Morgan Stanley Wealth Management chief investment officer Lisa Shalett said in a note to clients. She cited as factors a new Fed policy framework, economic growth and high oil prices as the Middle East conflict drags on.

“Nevertheless, even though intraday implied volatility increased, the six-week period did not reach the extremes that catalyzed the 2022 equity bear market,” Shalett wrote.

Traders are scrutinizing the minutes of the Federal Reserve’s September meeting scheduled for Wednesday, which could shed some light on policymakers’ decision to raise rates.