After Wall Street surged further into record territory during Tuesday's session and anticipated a potential heat check in the shape of the first labor market report that will kick off a week full of jobs signals, US stock futures saw minimal movement overnight.
Futures on the Dow Jones Industrial Average (YM=F) saw a 0.1% increase. While contracts on the Nasdaq 100 (NQ=F) fell 0.2%, futures linked to the S&P 500 (ES=F) were unchanged.
Following US military action in Venezuela over the weekend, investors generally ignored geopolitical concerns as stocks surged during regular trading on Tuesday.
The Dow Jones Industrial Average (^DJI) achieved its second consecutive record high when it first surpassed 49,000. The S&P 500 (^GSPC), which is starting to hover around the 7,000 mark, also ended at a new high.
As the flow of US data starts to return to normal following recent delays, focus is again turning to a full schedule of economic releases.
The US services sector lost steam in December, according to data released on Tuesday. S&P Global's final Services PMI indicated the slowest rate of growth in eight months.
The ADP's monthly report on employment in the private sector is released on Wednesday, putting jobs data front and center. Although projections indicate small improvement this time, that report has shown negative growth in three of the last four months.
Investors will also have a sneak glimpse at the JOLTS data from November, which shows the number of job opportunities in the market as well as the number of Americans who left or were laid off.
These data set the stage for Friday's December jobs report, which has gained significant attention from investors who see it as a crucial indicator of whether the economy is cooling down enough to support changes in Federal Reserve policy in the coming months.
As Wall Street's expectations of what the industry can accomplish collide with the lofty promises made by tech leaders, the CES 2026 exhibit continues to be thought-provoking.
Nvidia (NVDA) has been the focus of discussion, with experts disagreeing on whether the business is busting a bubble or starting a second hot run.
