Stock futures showed minimal movement on Tuesday night following a positive trading session for equities. Futures tied to the Dow Jones Industrial Average rose by 14 points, remaining near the flatline. S&P futures and Nasdaq 100 futures each gained less than 0.1%.
In after-hours trading, Arista Networks, a data center company, dropped 4% despite surpassing Wall Street’s expectations for quarterly earnings, revenue, and guidance. Shares of Bumble fell approximately 18% due to disappointing first-quarter guidance, while Toll Brothers, a homebuilder, declined nearly 5% after missing earnings and revenue estimates.
Investors concluded a trading session that saw the S&P 500 reach a new record high, even amid ongoing concerns about persistent inflation and President Donald Trump’s trade policies. The index has been trading near its record high since the start of the year. On Tuesday, the broad market index rose by 0.24% to close at 6,129.58, after hitting an intraday record of 6,129.63. The tech-heavy Nasdaq Composite edged up by 0.07% to finish at 20,041.26, while the Dow Jones Industrial Average gained 10 points, or 0.02%, to end at 44,556.34.
“The stock market’s resiliency has been impressive year-to-date as investors refuse to back down in the face of rising negative sentiment and concerns about tariff and inflation headlines,” noted Craig Johnson, chief market technician at Piper Sandler, in a Tuesday report. “We expect market conditions to remain choppy as investors rotate down-cap amid declining Treasury yields, weakening crude oil, and a pullback in the U.S. dollar.” — news from CNBC