U.S. stock futures inched higher Tuesday night after the S&P 500 Index (SPX) ended a seven-day winning streak, weighed down by Oracle’s (ORCL) drop and doubts about the strength of the AI rally. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 were up 0.06%, 0.11%, and 0.14%, respectively, at 10:11 p.m. EDT on October 8.
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Wall Street ended the day lower, with the Dow Jones, the S&P 500, and the Nasdaq down 0.2%, 0.4%, and 0.7%, respectively. Apart from AI concerns, the shutdown also weighed on traders after stretching into its seventh day on Tuesday.
Looking ahead, Wall Street is awaiting the latest Federal Reserve minutes on Wednesday, which could offer insight into the direction of monetary policy.
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