Stock index futures flat after Wall Street closes at record high

[Wall Street-Street Sign]
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Stock index futures largely hugged the flat line on Tuesday, a day after Wall Street notched record highs as traders gear up for a busy week.

S&P 500 futures (SPX [https://seekingalpha.com/symbol/SPX]), Nasdaq 100 futures (US100:IND [https://seekingalpha.com/symbol/US100:IND]) and Dow futures (INDU [https://seekingalpha.com/symbol/INDU]) were all flat.

Wall Street's major averages closed at all-time highs on Monday, as the biggest tech companies are set to report earnings this week and the Federal Reserve prepares for an interest rate decision.

"Optimism around a potential U.S.-China trade truce and tech-positive developments helped push multiple indices to record highs globally. That said, we’re heading into a pivotal week with four major central bank meetings and earnings from five large tech firms still to come, starting with Microsoft, Meta and Alphabet tomorrow, and a potential Trump/Xi meeting," Deutsche Bank's Jim Reid said.

Investors will be witnessing a busy week, with the Fed monetary policy announcement on October 29 and earnings from big tech firms trickling in from Wednesday.

On the trade front, U.S. President Donald Trump and Chinese President Xi Jinping are expected to meet face-to-face to address trade disputes on Oct. 30 at the 2025 Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, South Korea.

On the economic front for the day, the Case-Shiller Home Price Index will land before the opening bell. The Case-Shiller index is seen up a modest 1.6 percent on the year in August versus 1.8 percent in July.

In other news, e-commerce and tech giant Amazon (NASDAQ:AMZN) was reportedly planning [https://seekingalpha.com/news/4508911-amazon-plans-to-cut-up-to-30000-jobs---reuters] to cut 30,000 corporate jobs, or about 10% of its professional workforce.

"There are widespread reports that the online retailer Amazon will fire 30,000 employees. In the absence of official U.S. labor data, such reports assume increased importance," UBS' Paul Donovan said.

Keeping fear of unemployment in check is critical to keeping U.S. consumers spending. One set of job losses may not change that, but if this were to broaden out, it would be concerning, Donovan added.

On the earnings [https://seekingalpha.com/news/4508307-earnings-week-ahead-aapl-msft-amzn-meta-goog-ba-xom-cvx-pfe-ma-v-pypl-sofi-and-more] side, firms such as PayPal (NASDAQ:PYPL), Visa (NYSE:V), UnitedHealth Group (NYSE:UNH), and SoFi Technologies (NASDAQ:SOFI), among others, will release their results on Tuesday.

MARKET SNAPSHOT AS OF OCTOBER 28, 2025 (4:13 AM ET)

CATEGORY
INSTRUMENT (TICKER)
LEVEL
CHANGE
% CHANGE

INDICES
Dow Futures (INDU [https://seekingalpha.com/symbol/INDU])
47,544.62
+0.03
+0.00%

S&P Futures (SPX [https://seekingalpha.com/symbol/SPX])
6,874.31
−0.85
−0.01%

Nasdaq Futures (US100:IND [https://seekingalpha.com/symbol/US100:IND])
25,813.58
−7.96
−0.03%

TREASURIES
U.S. 2-Year (US2Y [https://seekingalpha.com/symbol/US2Y])
3.50%
−0.003
−0.09%

U.S. 5-Year (US5Y [https://seekingalpha.com/symbol/US5Y])
3.61%
+0.004
+0.11%

U.S. 10-Year (US10Y [https://seekingalpha.com/symbol/US10Y])
3.99%
+0.006
+0.15%

U.S. 30-Year (US30Y [https://seekingalpha.com/symbol/US30Y])
4.55%
+0.007
+0.15%

COMMODITIES
Gold (XAUUSD:CUR [https://seekingalpha.com/symbol/XAUUSD:CUR])
3,927.89
−53.64
−1.35%

Silver (XAGUSD:CUR [https://seekingalpha.com/symbol/XAGUSD:CUR])
46.30
−0.52
−1.11%

Crude Oil (CL1:COM [https://seekingalpha.com/symbol/CL1:COM])
60.42
−0.89
−1.45%

CRYPTO
Bitcoin (BTC-USD [https://seekingalpha.com/symbol/BTC-USD])
114,193.48
+49.78
+0.04%

Click to enlarge

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