Stock market today: S&P 500, Nasdaq futures rise as Dow lags with Fed meeting, GM earnings on deck

From Bloomberg:

The European Union and India concluded a escaped commercialized statement aft astir 2 decades of negotiations, arsenic some sides question to deepen economical ties and offset the interaction of Washington’s tariff policies.

“We person concluded the parent of each deals,” European Commission President Ursula von der Leyen said connected X connected Tuesday. “We person created a escaped commercialized portion of 2 cardinal people, with some sides acceptable to benefit.” Von der Leyen and European Council President Antonio Costa are successful New Delhi to people the moment.

Indian Prime Minister Narendra Modi, who announced the decision earlier successful the day, said the statement would fortify India’s manufacturing and services sectors portion boosting capitalist assurance successful Asia’s third-largest economy.

The woody is expected to treble EU goods exports to India by 2032 by eliminating oregon reducing tariffs connected 96.6% of EU goods exports to India, according to a European Commission property merchandise connected Tuesday. These products scope from automobiles and concern goods to wine, chocolates and pasta. Meanwhile, the EU volition destruct oregon trim tariffs connected 99.5% of goods imported from India implicit 7 years, India’s Ministry of Commerce and Industry said.

The decision of negotiations aft years of halting talks reflects the rapidly shifting planetary alignment nether US President Donald Trump. The EU, contempt agelong clashing with Indian officials implicit commercialized matters, is present focused connected shedding its economical reliance connected the US and China. India is likewise trying to shingle its protectionist estimation and offset a 50% Trump tariff, portion astatine the aforesaid clip equilibrium its ties with Russia.

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Add different bullish Wall Street telephone connected golden into the mix.

Deutsche Bank's Michael Hsueh connected the yellowish metallic successful an aboriginal greeting note:

"Gold's continued emergence reflects concern motives which whitethorn beryllium persistent: higher reserve allocations, and investors raising allocations to non-dollar and existent assets. We deliberation USD 6,000/oz is achievable with a weaker dollar this year."

Shares of Micron Technology (MU) popped successful premarket aft the US representation chipmaker said it plans to put $24 cardinal successful gathering a caller NAND installation successful Singapore.

The program to grow Micron's manufacturing capableness comes amid an acute AI demand-driven representation spot shortage that has deed a swathe of industries.

Reuters reports:

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Bloomberg reports:

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Extended trading has seen stocks crossed a scope of wellness insurers plummet. The driblet has been sparked by a study from the Centers for Medicare & Medicaid Services (CMS) that outgo year-over-year volition summation by an mean 0.09% for 2027. This keeps payments comparatively level successful a determination good beneath Wall Street expectations.

Humana (HUM) saw its banal worth autumn 12.5% pursuing the outgo complaint announcement.

CVS Health (CVS) banal sank implicit 10% earlier settling astatine a 9.4% loss.

UnitedHealth Group Incorporated (UNH) shares dropped 8.6% with net for the beleaguered institution owed earlier the unfastened connected Tuesday. The driblet is expected to value down connected the Dow Jones (^DJI) erstwhile trading resumes.

The Wall Street Journal has reported connected the CMS complaint implicit the past week, with an introspection into wellness insurer billing revealing that authorities watchdogs person been acrophobic implicit wage practices successful the wellness security industry.