Stock Market Today: Nasdaq Futures Gain, Dow Slips As FOMC Begins Its 2-Day Meet — Tesla, Adtran, Ferguson In Focus (UPDATED) Rishabh Mishra Markets

Editor’s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.

U.S. stock futures were swinging on Tuesday following Monday’s positive moves. Futures of major benchmark indices were mixed.

U.S. import prices rose by 0.3% in August, driven by higher costs for nonfuel imports, which compensated for a decrease in fuel prices. This marks the second consecutive monthly increase, following a 0.2% rise in July. Export prices also saw a 0.3% increase for the month, contributing to a 3.4% rise over the past year.

Meanwhile, advance estimates for U.S. retail and food services sales in August reached $732.0 billion, an increase of 0.6% from the previous month. This figure is up 5.0% compared to August of last year. The data also shows that total sales for the June through August 2025 period increased by 4.5% from the same period a year ago.

In a major setback for President Donald Trump, a U.S. Appeals Court for the District of Columbia denied an emergency motion to remove Federal Reserve Governor Lisa Cook, allowing her to participate in this week’s Federal Open Market Committee (FOMC) meeting.

In a 2-1 decision, Judges Brad Garcia and Michelle Childs issued a concurring opinion saying that Cook was likely denied her constitutional rights when removed without any opportunity to respond to the allegations against her.

Investors are eyeing the FOMC, which begins its two-day meeting today, and the decision on rate cuts will be announced on Wednesday at 2:00 p.m. ET.

The 10-year Treasury bond yielded 4.03% and the two-year bond was at 3.53%. The CME Group’s FedWatch tool‘s projections show markets pricing a 100% likelihood of the Federal Reserve cutting the current interest rates for the Sept. 17 decision.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, rose in premarket on Tuesday. The SPY was up 0.12% at $661.71, while the QQQ advanced 0.20% to $592.88, according to Benzinga Pro data.

Cues From Last Session

On Monday, the market saw a mixed performance across sectors, with Communication Services leading the gains. Other …

Full story available on Benzinga.com

Editor’s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.

U.S. stock futures were swinging on Tuesday following Monday’s positive moves. Futures of major benchmark indices were mixed.

U.S. import prices rose by 0.3% in August, driven by higher costs for nonfuel imports, which compensated for a decrease in fuel prices. This marks the second consecutive monthly increase, following a 0.2% rise in July. Export prices also saw a 0.3% increase for the month, contributing to a 3.4% rise over the past year.

Meanwhile, advance estimates for U.S. retail and food services sales in August reached $732.0 billion, an increase of 0.6% from the previous month. This figure is up 5.0% compared to August of last year. The data also shows that total sales for the June through August 2025 period increased by 4.5% from the same period a year ago.

In a major setback for President Donald Trump, a U.S. Appeals Court for the District of Columbia denied an emergency motion to remove Federal Reserve Governor Lisa Cook, allowing her to participate in this week’s Federal Open Market Committee (FOMC) meeting.

In a 2-1 decision, Judges Brad Garcia and Michelle Childs issued a concurring opinion saying that Cook was likely denied her constitutional rights when removed without any opportunity to respond to the allegations against her.

Investors are eyeing the FOMC, which begins its two-day meeting today, and the decision on rate cuts will be announced on Wednesday at 2:00 p.m. ET.

The 10-year Treasury bond yielded 4.03% and the two-year bond was at 3.53%. The CME Group’s FedWatch tool‘s projections show markets pricing a 100% likelihood of the Federal Reserve cutting the current interest rates for the Sept. 17 decision.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, rose in premarket on Tuesday. The SPY was up 0.12% at $661.71, while the QQQ advanced 0.20% to $592.88, according to Benzinga Pro data.

Cues From Last Session

On Monday, the market saw a mixed performance across sectors, with Communication Services leading the gains. Other …

Full story available on Benzinga.com

 Editor’s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.
U.S. stock futures were swinging on Tuesday following Monday’s positive moves. Futures of major benchmark indices were mixed.
U.S. import prices rose by 0.3% in August, driven by higher costs for nonfuel imports, which compensated for a decrease in fuel prices. This marks the second consecutive monthly increase, following a 0.2% rise in July. Export prices also saw a 0.3% increase for the month, contributing to a 3.4% rise over the past year.
Meanwhile, advance estimates for U.S. retail and food services sales in August reached $732.0 billion, an increase of 0.6% from the previous month. This figure is up 5.0% compared to August of last year. The data also shows that total sales for the June through August 2025 period increased by 4.5% from the same period a year ago.
In a major setback for President Donald Trump, a U.S. Appeals Court for the District of Columbia denied an emergency motion to remove Federal Reserve Governor Lisa Cook, allowing her to participate in this week’s Federal Open Market Committee (FOMC) meeting.
In a 2-1 decision, Judges Brad Garcia and Michelle Childs issued a concurring opinion saying that Cook was likely denied her constitutional rights when removed without any opportunity to respond to the allegations against her.
Investors are eyeing the FOMC, which begins its two-day meeting today, and the decision on rate cuts will be announced on Wednesday at 2:00 p.m. ET.
The 10-year Treasury bond yielded 4.03% and the two-year bond was at 3.53%. The CME Group’s FedWatch tool‘s projections show markets pricing a 100% likelihood of the Federal Reserve cutting the current interest rates for the Sept. 17 decision.

Futures
Change (+/-)

Dow Jones
0.05%

S&P 500
0.24%

Nasdaq 100
0.38%

Russell 2000
0.23%

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, rose in premarket on Tuesday. The SPY was up 0.12% at $661.71, while the QQQ advanced 0.20% to $592.88, according to Benzinga Pro data.

Cues From Last Session
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