U.S. stock index futures traded flat Tuesday evening following a downbeat Wall Street session as investors reassessed the artificial intelligence (AI) rally and monitored ongoing political gridlock in Washington. Markets remained tense amid a persistent government shutdown, with Congress making little headway toward approving a spending bill despite President Donald Trump’s mediation efforts.
As of 19:20 ET (23:20 GMT), S&P 500 Futures hovered at 6,762.50 points, Nasdaq 100 Futures were unchanged at 25,047.0, and Dow Jones Futures steadied at 46,852.0.
Tuesday’s losses came largely from weakness in technology and AI-linked stocks. Oracle Corporation (NYSE:ORCL) dropped 2.4% during the session and another 0.5% after hours following a report from The Information suggesting thin margins in its chip rental business. The revelation raised doubts about Oracle’s AI expansion strategy. The news triggered a broader tech selloff, with NVIDIA Corporation (NASDAQ:NVDA) slipping 0.3% and Alphabet Inc (NASDAQ:GOOGL) down 1.8%. However, Nvidia later steadied after Bloomberg reported it plans to invest up to $2 billion in Elon Musk’s xAI, a move expected to deepen its dominance in the AI chip market.
Tesla Inc (NASDAQ:TSLA) also weighed on sentiment, plunging nearly 5% after unveiling new low-cost versions of its Model 3 and Model Y vehicles. Analysts viewed the pricing as insufficient to significantly revive slowing EV sales.
Despite the pullback, analysts note tech stocks are still supported by optimism surrounding AI innovation, following a strong rally that pushed Wall Street to record highs last week.
Looking ahead, attention turns to key Federal Reserve speeches and the release of September meeting minutes. Dallas Fed President Lorie Logan speaks Wednesday, followed by Fed Chair Jerome Powell on Thursday. Markets expect a 25-basis-point rate cut in October, driven by signs of a cooling labor market, though economic clarity remains limited as the shutdown delays critical data releases.


Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Thailand Inflation Remains Negative for 10th Straight Month in January
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Australia’s December Trade Surplus Expands but Falls Short of Expectations
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 



