Stock Market Today: Live Updates

U.S. stock futures were little changed Tuesday evening as investors closely watched debt-ceiling talks.

Futures tied to the Dow Jones Industrial Average rose 31 points, or 0.09%. S&P 500 futures rose 0.1%, while Nasdaq 100 futures rose 0.08%.

The three major stock indexes fell normal trading on tuesday. this S&P 500 Index fell 1.12%, while Nasdaq Composite Index and Dow Jones Industrial Average They fell by 1.26% and 0.69%, respectively.

treasury secretary janet yellen warned legislators before A potential default in early June was “highly likely”.House Speaker Kevin McCarthy Says He’s Discussed With President Joe Biden on Monday. Still, there were few signs of progress in Tuesday’s talks.

However, Bill Merz, head of capital markets research at Bank of America Wealth Management, said markets could be volatile even if officials in Washington raise the debt ceiling. That’s because the Treasury will need to issue a lot of debt to replenish its general account, he said.

“The impact could be to remove liquidity from broader capital markets,” Merz said. “Especially recently, [that] does overlap or correlates with the overall equity performance of the S&P 500,” he continued

“Especially recently, [that] Does overlap or correlate with the overall equity performance of the S&P 500,” he continued.

On the economic front, investors will focus on minutes from the Federal Reserve’s early May meeting. They will be released on Wednesday afternoon.

Investors will also be watching for more earnings announcements on Wednesday. Clothing retailer American Eagle Outfitters and semiconductor maker Nvidia are due to report after the close on Wednesday.

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