U.S. stock futures rose on Tuesday after closing lower on Monday. Futures of all the major benchmark indices were positive following a sell-off.
A viral “Global Intelligence Crisis” report, on Monday, sparked fears of a deflationary depression, suggesting that a successful AI revolution could ironically collapse the consumer economy through mass white-collar unemployment and “Ghost GDP.”
Market sentiment was further dampened by renewed geopolitical concerns, specifically President Donald Trump‘s proposal to increase global tariffs to 15% and the growing friction between the United States and Iran. Trump also threatened global trading partners on Monday, vowing to retaliate with “much higher” tariffs against any nation that attempts to use the recent U.S. Supreme Court ruling to dismantle existing trade agreements.
The 10-year Treasury bond yielded 4.03%, and the two-year bond was at 3.45%. The CME Group’s FedWatch tool‘s projections show markets pricing a 95.9% likelihood of the Federal Reserve leaving the current interest rates unchanged in March.
| Index | Performance (+/-) |
| Dow Jones | 0.16% |
| S&P 500 | 0.22% |
| Nasdaq 100 | 0.29% |
| Russell 2000 | 0.21% |
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 Tuesday. The SPY was up 0.26% at $684.14, while the QQQ advanced 0.36% to $603.57.
Stocks In Focus
Whirlpool
- Whirlpool Corp. (NYSE:WHR) plunged 7.46% in premarket on Tuesday after it launched concurrent, separate underwritten public offerings of shares of common stock and depositary shares, with total expected proceeds of $800 million.
- WHR maintains a weak price trend over the long, short, and medium terms, with a moderate quality ranking, as per Benzinga’s Edge Stock Rankings.
