Stock futures little changed after S&P 500 hits fresh record: Live updates
The S&P 500 reached a new high Tuesday as tech stocks rallied.
TL;DR
- S&P 500 and Nasdaq Composite closed at record highs on Tuesday, driven by tech stock gains.
- U.S. equity futures were little changed in early Wednesday trading.
- Bond yields increased globally, with U.S. 10-year Treasury yield rising to 5.309%.
- The Reserve Bank of India raised interest rates by 25 basis points to combat accelerating inflation.
- Oil prices rose due to concerns over Houthi attacks on Saudi Arabia, despite recovering supplies.
- Investors are anticipating the release of the Federal Reserve's September meeting minutes for clues on future monetary policy.