Here’s what we’re watching as markets kick into gear Tuesday.
U.S. stock futures advanced, suggesting that the major benchmarks may extend their rally a day after closing at records. The S&P 500 has advanced over 15% this year, building on its 29% surge in 2019. Contracts on the Nasdaq-100 index signal that technology stocks will also gain on Tuesday. Read our full market wrap here.
What’s Coming Up. The S&P/Case-Shiller Home Price Indices readings for October, due to be released at 9 a.m. ET, will offer insights into the health of the U.S. housing market.
Market Movers to Watch
The mega tech and growth stocks that have powered this year’s market rally— Apple , Microsoft , Amazon.com and Alphabet —edged higher ahead of the New York opening bell.
Quanterix rose 6.1% premarket after the FDA gave emergency-use authorization for the company’s Covid-19 antibody test. Arcturus Therapeutics slid more than 37% before the bell after the company released test data for its Covid-19 vaccine candidate.
