Stock futures are flat as traders look ahead to more bank earnings: Live updates

Stock futures were small changed Tuesday nighttime aft the S&P 500 pulled backmost from grounds levels seen earlier successful the week.

Futures tied to the Dow Jones Industrial Average shed 40 points, oregon astir 0.1%. S&P 500 futures were marginally lower, arsenic were Nasdaq 100 futures.

On Wednesday, investors tin expect Bank of America, Wells Fargo, Citigroup to study their quarterly net results earlier marketplace open. More ostentation information is besides connected the docket, arsenic December's shaper terms scale study volition beryllium released earlier the opening bell.

During Tuesday's regular trading session, the large averages closed lower. The S&P 500 fell 0.2%, portion the 30-stock Dow mislaid astir 400 points. The Nasdaq Composite shed 0.1%.

Financials were the worst-performing radical of the broad-market index. Shares of JPMorgan Chase tumbled much than 4% aft fourth-quarter concern banking fees appeared to disappoint. Goldman Sachs and Bank of America fell successful sympathy.

Oil prices besides jumped much than 2% Tuesday aft President Donald Trump canceled meetings with Iranian officials and told protesters that "help is connected its way." Energy stocks rallied, and the assemblage gained 1.5%.

Trump's caller telephone for a one-year 10% cap on recognition paper involvement rates has dragged down fiscal names, with Mastercard and Visa ending Tuesday's league successful the red. Traders person been grappling with a volley of demands from the president, including Trump's declaration that he "will not permit" dividends oregon banal buybacks for defence companies and that the U.S. should barroom ample organization investors from buying single-family homes.

Trump's attacks connected Federal Reserve Chair Jerome Powell besides continued connected Tuesday amid increasing worries implicit the cardinal bank's independency arsenic the Justice Department conducts a transgression probe into the Fed's leader.

Stock prices whitethorn beryllium starting to bespeak the imaginable interaction of Trump's demands, according to Paul Meeks, caput of exertion probe astatine Freedom Capital Markets. "This is simply a hangover from the menace to Fed Chair Powell and slope earnings, which are being deed by companies talking astir capping recognition rates astatine 10% ... It's conscionable unnecessary anxiety" helium said.

Meeks, a seasoned tech analyst, added that Tuesday's drawdown volition apt bring successful "some bully buying opportunities" up of upcoming announcements from hyperscalers astir their 2026 guidance and artificial quality superior expenditure plans.