Traders work on the floor at the New York Stock Exchange on May 7, 2025.
Brendan McDermid | Reuters
Stock futures were little changed on Tuesday evening as Wall Street looks to extend a strong start to the week.
Futures tied to the S&P 500 dipped less than 0.1%. Nasdaq 100 futures ticked down about 0.1%, while Dow Jones Industrial Average futures added 27 points, or less than 0.1%.
The move in futures comes after a broadly positive day on Wall Street. The S&P 500 rose 0.72%, while the Nasdaq Composite climbed 1.61% for its fifth straight positive session. The Dow fell 0.64%, weighed down by UnitedHealth, but is still up on the week.
The S&P 500 has now turned positive for the year, as Wall Street breathes a sigh of relief after the U.S. and China on Monday announced a 90-day reduction on tariffs.
“It’s a big risk-on sentiment at the moment. … While the structural issues between [the U.S. and China] remain unresolved, I think the signal is quite clear that neither side wants to push trade tensions further,” said Lale Akoner, global market analyst at eToro.
Tech names were among the big winners in Tuesday’s regular session, with the sector rising more than 2%. Nvidia jumped more than 5% on news the semiconductor giant would send more than 18,000 of its artificial intelligence chips to Saudi Arabia.
The latest leg of the market rebound has seen blue-chip stocks build solid winning streaks.
Apple has risen in four back-to-back sessions, while Amazon has notched five straight positive days. Outside of technology, Goldman Sachs has also climbed in five consecutive sessions, while Disney‘s winning streak has hit six days.