Traders work on the floor during the York Space Systems IPO at the New York Stock Exchange (NYSE) in New York City, U.S., Jan. 29, 2026.
Jeenah Moon | Reuters
U.S. stock futures were little changed on Tuesday after the Dow Jones Industrial Average hit a fresh all-time high.
Dow futures rose by 8 points. S&P 500 futures rose by 0.2%, as did Nasdaq 100 futures.
Investors are coming off a second straight day of gains. The 30-stock Dow rose 0.04%, notching fresh highs on an intraday and closing basis. The S&P 500 gained about 0.5%, while the Nasdaq Composite climbed 0.9%.
Tech stocks rallied Monday, building on their Friday comeback and helping lift the overall market. Investors are hopeful the market can sustain its upward advance after last week’s sell-off — led by fears around software and megacap tech — failed to meaningfully hurt the market on a technical basis.
Indeed, the S&P 500 has managed to recover support above its 50-day and 100-day moving averages, after dipping below them last week, and many asset classes are outperforming the index — bullish signals as far as traders are concerned.
“We don’t think that it’s going to be a clean trade,” Sonali Basak, chief investment strategist at iCapital, told CNBC’s “Closing Bell” on Monday. “It will be choppy, you have to be selective, but there will be winners through this.”
The latest retail sales report will be released Tuesday morning and is expected to show a 0.5% monthly gain, or 0.3% when excluding auto-related items. Investors are awaiting the big jobs report on Wednesday, and the consumer price index on Friday.
