| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
(Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story.)
U.S. stock futures rose on Wednesday after Tuesday’s mixed close. Futures of major benchmark indices were higher.
Investors are awaiting a House vote on the temporary spending bill expected to end the record-long government shutdown.
Meanwhile, the 10-year Treasury bond yielded 4.08% and the two-year bond was at 3.56%. The CME Group's FedWatch tool‘s projections show markets pricing a 63.4% likelihood of the Federal Reserve cutting the current interest rates during its December meeting.
| Futures | Change (+/-) |
| Dow Jones | 0.17% |
| S&P 500 | 0.40% |
| Nasdaq 100 | 0.71% |
| Russell 2000 | 0.19% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Wednesday. The SPY was up 0.29% at $684.96, while the QQQ advanced 0.54% to $624.92, according to Benzinga Pro data.
Sectors that gained on Tuesday included health care, energy, and consumer staples, which recorded the biggest advances as most segments of the S&P 500 closed positively.
Information technology stocks, however, bucked the overall market trend, closing the session lower.
| Index | Performance (+/-) | Value |
| Nasdaq Composite | -0.25% | 23,468.30 |
| S&P 500 | 0.21% | 6,846.61 |
| Dow Jones | 1.18% | 47,927.96 |
| Russell 2000 | 0.11% | 2,458.28 |
LPL Financial has identified AI infrastructure as a new “pillar of economic growth,” highlighting that AI-related business investment is rapidly becoming a “cornerstone” of U.S. economic expansion.
This investment in software, data centers, and equipment, led by hyperscalers like Microsoft Corp. (NASDAQ:MSFT) and Amazon.com Inc. (NASDAQ:AMZN), contributed to the majority of economic growth in the first half of 2025.
LPL believes there is “room for more expansion in AI-related capital spending,” a view supported by strong loan demand from large firms for capital investments.
Regarding the stock market, LPL’s Strategic and Tactical Asset Allocation Committee (STAAC) “maintains its tactical neutral stance on equities”.
While fundamentals are seen as “broadly supportive,” the committee warns that investors should brace for “occasional bouts of volatility” given the high optimism reflected in current valuations.
LPL remains wary of the “concentration risk” in a market heavily reliant on a few tech giants. Tactically, the STAAC favors growth over value, large caps over small caps, and the communication services and financials sectors.
Economically, LPL also notes that a weakening job market could potentially lead the FOMC to cut rates in December.
See Also: How to Trade Futures
Here's what investors will be keeping an eye on Wednesday;
Crude oil futures were trading lower in the early New York session by 0.93% to hover around $60.46 per barrel.
Gold Spot US Dollar fell 0.07% to hover around $4,123.95 per ounce. Its last record high stood at $4,381.6 per ounce. The U.S. Dollar Index spot was 0.15% higher at the 99.5910 level.
Meanwhile, Bitcoin (CRYPTO: BTC) was trading 0.39% lower at $104,504.92 per coin.
Asian markets closed higher on Wednesday, except Australia's ASX 200 and China’s CSI 300 indices. India’s NIFTY 50, South Korea's Kospi, Hong Kong's Hang Seng, and Japan's Nikkei 225 indices rose. European markets were mostly higher in early trade.
Read Next:
Photo courtesy: Shutterstock
Posted In: $BTC ALC AMD AMZN BILL CSCO GOOG GOOGL MSFT NVDA QQQ SPY TTE
