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US Stocks Could Pause For Breather After 2-Session Rally As Futures Slump; Twitter, Tesla, Ford On Investor Radar

Futures trading indicates that the two-day rally seen in the market may stall, as traders pause for a breather and harp on economic fundamentals. On Tuesday, the major U.S. averages gap-opened sharply higher. Consolidating the gains over the course of the sessions, each of them closed 2.8% or above.

AMZN

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US Stock Futures Down Following Tuesday’s Surge; ADP, Services Data In Focus

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Wednesday after recording sharp gains in the previous session. The Dow Jones jumped by more than 800 points, while the Nasdaq Composite surged around 360 points on Tuesday. The S&P 500 also notched its biggest two-session surge since March 2020.

ABNB