Early on Tuesday, stock futures encountered downward pressure, hinting at a potential halt in the recent Wall Street rally. Both S&P 500 and Nasdaq 100 futures saw declines of around 0.2%.
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S&P 500 futures and Nasdaq 100 futures both declined by 0.3%. Johnson & Johnson's stock rose over 1% before the market opened due to better-than-expected earnings and revenue in the third quarter, driven by strong medical technology and pharmaceutical sales. Bank of America also exceeded analyst expectations, leading to a 1% increase in premarket trading.
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S&P 500 futures increased by 0.3%, while Nasdaq-100 futures saw a 0.5% rise.
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