United States stock futures edged lower on Monday night (Tuesday AEST) after Wall Street’s latest record-setting close as investors weighed company updates and awaited fresh inflation data.
By 8:55 am AEST (10:55 pm GMT), futures tied to the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 were each down 0.1%.
In extended trading, Firefly Aerospace slid 12.5% after releasing its first financial report since listing on the Nasdaq in early August. The rocket maker reported a per-share loss of $5.78, far exceeding consensus estimates for a $0.43 loss. Quarterly revenue came in at US$15.55 million, missing expectations of $16.82 million.
Meanwhile, shares of Super League Enterprise rocketed 200.3% higher after announcing a definitive agreement for private placement financing, anchored by a US$10 million strategic equity investment from digital asset treasury investor Evo Fund.
The modest dip in futures followed a strong performance in the cash market, where all three major U.S. benchmarks — the S&P 500, Dow, and Nasdaq — closed at fresh record highs on Monday.
The rally marked the third straight winning session for the S&P 500, with momentum building late in the day as Nvidia jumped 3.9% after unveiling a $100 billion investment in OpenAI to expand data centre infrastructure.
Investors are now turning their attention to economic data later this week, particularly the release of the personal consumption expenditures price index on Friday.