
March S&P 500 E-Mini futures (ESH25) are down -0.45%, and March Nasdaq 100 E-Mini futures (NQH25) are down -0.52% this morning as Treasury yields climbed after cash trading resumed following the Christmas holiday, with investors turning their attention to U.S. jobless claims numbers due later today.
In Tuesday’s trading session, Wall Street’s three main equity benchmarks closed in the green. All the Magnificent 7 megacap technology stocks advanced, with Tesla (TSLA) climbing over +7% to lead gainers in the S&P 500. Also, chip stocks extended gains after the Biden administration launched a probe into Chinese chips, with Broadcom (AVGO) rising more than +3% and Advanced Micro Devices (AMD) gaining over +1%. In addition, NeueHealth (NEUE) soared more than +74% after the company announced that it had agreed to be taken private by New Enterprise Associates in a $1.3 billion deal.