Stock Market Today: Dow Futures Rise, S&P 500, Nasdaq Drops As Street Awaits Slew Of Economic Releases — AAR, Mobileye, Penguin Solutions In Focus
Benzinga
2026-01-07
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U.S. stock futures were mixed on Wednesday after a higher close on Tuesday. Futures of major benchmark indices were mixed.
Investors are bracing for a heavy slate of economic releases, including the ADP employment report and ISM services index, on Wednesday.
This follows the momentum that drove the Dow Jones roughly 1% higher to fresh record peaks during Tuesday’s rotation into blue-chip names.
Meanwhile, the 10-year Treasury bond yielded 4.15%, and the two-year bond was at 3.46%. The CME Group's FedWatch tool‘s projections show markets pricing an 83.9% likelihood of the Federal Reserve leaving the current interest rates unchanged in January.
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were lower in premarket on Wednesday. The SPY was down 0.11% at $691.08, while the QQQ advanced 0.29% to $621.83, according to Benzinga Pro data.
Investors are bracing for a heavy slate of economic releases, including the ADP employment report and ISM services index, on Wednesday.
This follows the momentum that drove the Dow Jones roughly 1% higher to fresh record peaks during Tuesday’s rotation into blue-chip names.
Meanwhile, the 10-year Treasury bond yielded 4.15%, and the two-year bond was at 3.46%. The CME Group's FedWatch tool‘s projections show markets pricing an 83.9% likelihood of the Federal Reserve leaving the current interest rates unchanged in January.
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were lower in premarket on Wednesday. The SPY was down 0.11% at $691.08, while the QQQ advanced 0.29% to $621.83, according to Benzinga Pro data.
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