Stock Futures Today: Live Updates

19 minutes ago

Monday brought muted movements for stocks

The three major indexes ended Monday’s session little changed as investors prepared for the Federal Reserve meeting starting Tuesday.

The Dow Jones ended the session up 0.02%, while the Nasdaq Composite rose just 0.01%. Meanwhile, the S&P 500 was the most changed with a gain of 0.07%.

-Alex Haring

4 hours ago

European markets open lower

European markets opened lower on Tuesday, with investors awaiting the start of the US Federal Reserve’s two-day monetary policy meeting.

The European Stoxx 600 index opened 0.2% lower, with sectors spread across initially positive and negative territory. Healthcare stocks suffered the largest losses, down 0.7%, while travel and entertainment stocks rose 0.2%.

-Hannah Ward Glinton

12 hours ago

Square’s CEO is leaving the company

Square’s CEO is set to leave the company, according to regulatory filings released Monday.

Alyssa Henry is set to leave fintech company Block’s unit on October 2 after more than nine years at the company.

Block shares fell about 2% in extended trading.

-Samantha Sobin

13 hours ago

Cathie Wood stands by her extremely bullish call for Tesla

Ark Invest’s Cathie Wood reiterated her broadly bullish call on her Tesla electric car, which she sees hitting $2,000 in five years driven largely by the robotaxi boom.

“About a third of our valuation is tied to electric vehicles,” Wood said on CNBC’s Fast Money on Monday. “Two-thirds of our assessment is about autonomy [driving] and self-driving taxi platforms.”

Wood’s Bear case on Tesla aims to reach $1,400 by 2027 and $2,500 as its bull case. Tesla is the largest holding in its flagship Ark Innovation ETF (ARKK), with a weighting of 11.5%. Tesla shares have doubled this year after losing 65% in 2022.

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– Yun Lee

13 hours ago

Instacart is pricing its IPO at $30 per share

Instacart priced its IPO at $30 a share Monday evening, valuing the grocery delivery company at about $10 billion.

The company is scheduled to debut Tuesday on the Nasdaq under the ticker symbol “CART.”

It puts the offer at the upper end of the stock’s expected range of $28 to $30.

– Ari Levy, Samantha Subin

13 hours ago

Stock futures are open little changed

Stock futures opened little changed Monday evening as Wall Street looked ahead to the start of the Federal Reserve’s policy meeting.

Futures tied to the Dow Jones Industrial Average added 13 points, or 0.03%, while S&P 500 and Nasdaq 100 futures rose 0.02% and 0.06%, respectively.

-Samantha Sobin

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