FX.co ★ US Futures Steady After Strong Rally

U.S. stock futures remained relatively stable on Tuesday following a robust start to the week on Wall Street, buoyed by hopeful sentiments surrounding a potential resolution to the U.S. government shutdown. On Monday, the Dow Jones Industrial Average increased by 0.81%, the S&P 500 surged by 1.54%, and the Nasdaq Composite index saw a significant rise of 2.27%. Leading the upward trend were technology stocks associated with artificial intelligence, including notable gains by Nvidia (up 5.8%), Palantir (up 8.8%), AMD (up 4.5%), and Micron (up 6.5%), as investors took advantage of recent dips in these stocks. Progress was made in the Senate as it advanced a procedural measure pushing forward a funding bill to end the 40-day shutdown, aided by eight Democrats crossing party lines in support, though it still awaits a House vote. In after-hours trading, Paramount Skydance increased by over 5% following announcements of new layoffs and pricing adjustments for its streaming service Paramount+. Additionally, Rocket Lab and RealReal saw substantial post-market gains of 7% and 16%, respectively, driven by robust quarterly earnings.