U.S. stock futures showed little movement on Tuesday night, after U.S. indices lifted during regular trade.
By 6:30 pm ET (10:30 pm GMT) Dow Jones Industrial Average futures and S&P 500 futures traded flat, while the Nasdaq 100 futures edged down 0.1%.
This comes after a strong performance earlier in the day, where technology stocks led a rally that saw the Dow gain 0.3%, the S&P 500 rise nearly 1%, and the Nasdaq Composite jump 1.5%.
The market gains reflect growing optimism that the Federal Reserve can achieve a "soft landing" for the U.S. economy, supported by last week’s jobs report, which indicated continued labour market strength.
Leading the charge were AI beneficiaries Nvidia and Broadcom, which surged 4% and 3%, respectively.
Despite this optimism, investors remain cautious as October is historically a volatile month, particularly with the upcoming U.S. presidential election.
Oil prices fell on Tuesday after rising earlier this month due to heightened tensions in the Middle East.
Meanwhile, the 10-year U.S. Treasury yield climbed back above 4%.
Looking ahead, the market is awaiting the Federal Reserve's meeting minutes, which will be released on Wednesday afternoon. Additionally, key inflation indicators, including the Consumer Price Index (CPI) and Producer Price Index (PPI), are due Thursday and Friday, respectively.
Earnings season will also kick off on Friday, with major banks JPMorgan Chase and Wells Fargo set to report their quarterly results.