US stock futures inched higher on Tuesday as Americans headed to the polls for the midterm elections, with the Trump administration and the Republican Party under growing political pressure over elevated energy prices.
In corporate news, Apple shares fell nearly 3% in after-hours trading after the company reported slower sales growth and issued weaker-than-expected revenue guidance for the fourth quarter. Palantir also declined almost 3%, even though its third-quarter earnings topped analysts’ expectations.
Anthropic, meanwhile, reported a twelvefold jump in quarterly revenue and unveiled plans to invest more than $895 billion over the coming years.
Attention is now shifting to a slate of earnings reports due Tuesday from major companies, including AMD, Super Micro Computer (SMCI), Pfizer, Shopify, and Booking Holdings.
During Monday’s regular session, the Dow Jones Industrial Average added 0.41%, while the S&P 500 and the Nasdaq Composite declined 0.51% and 1.07%, respectively, as selling in semiconductor stocks intensified.
