United States stock futures traded lower on Monday night (Tuesday AEDT) as investors awaited key inflation reports scheduled for later in the week.
By 10:15 am AEDT (11:15 pm GMT) Dow Jones Industrial Average futures and S&P 500 futures dipped 0.1% apiece, while Nasdaq 100 futures lost 0.2%.
In extended trading, SelectQuote surged 35.8% after the company announced strong earnings results and guidance, along with a $350 million investment from Bain Capital, Morgan Stanley Private Credit, and Newlight Partners.
Coty dropped 1% after Q2 earnings per share and revenue fell short of expectations.
Lattice Semiconductor climbed 12.6% after issuing better-than-expected guidance.
Fluence Energy plummeted 37.9% following weak fourth-quarter earnings, missing both revenue and profit expectations.
During Monday’s trading session, The Dow Jones Industrial Average rose 0.4%, the S&P 500 gained 0.7%, while the Nasdaq Composite lifted 1%.
After the market close, President Donald Trump signed an executive order imposing a 25% tariff on steel imports and raising aluminum tariffs to 25% from 10%.
The news, which was initially announced on Sunday, fueled a rally in steel stocks earlier in the session, with Cleveland-Cliffs soaring nearly 18% and Nucor jumping over 5%.
Investors are now looking ahead to key Consumer Price Index (CPI) and Producer Price Index (PPI) readings later in the week.
Beyond economic data, investors will also be closely monitoring Federal Reserve Chair Jerome Powell, who is scheduled to testify before Congress on Tuesday morning.
