“Futures” Markets Teetering at the Edge | Microsoft and Nvidia Break Records, Fed Meeting Minutes Awaited

New York City, NY – Stock futures showed minimal movement on Tuesday morning, with the Dow Jones Industrial Average down 33 points, or 0.09%, and S&P 500 futures 0.05% lower. Nasdaq 100 futures remained flat. However, in regular trading, the Dow ended higher by more than 200 points, the S&P 500 added 0.7%, and the Nasdaq Composite jumped 1.1%.

Microsoft saw a 2% increase and touched a 52-week high after appointing former OpenAI CEO Sam Altman to lead its artificial research team. Chipmaker Nvidia also added 2.3% and closed at an all-time high ahead of fiscal third-quarter results. The S&P 500’s information technology sector was the top gainer, rising 1.5%.

Investors are keeping an eye on the minutes from the Federal Reserve’s Oct. 31 to Nov. 1 policy meeting to gain insight into policymakers’ rate decision and expectations for the December meeting. Additionally, multiple companies, including Lowe’s, Best Buy, and HP are expected to release quarterly results.

Markets are on a shortened trading week due to the Thanksgiving holiday on Thursday, followed by a 1 p.m. Eastern time close on Friday.