From Nasdaq:

U.S. stock index futures dipped on Tuesday ahead of key data releases and Fed Chair Jerome Powell’s testimony tomorrow March 6, 2024 at 10:00 am. The S&P 500 reached a record high before closing slightly lower. Traders see a 65.5% chance of a rate cut in June. Apple, Tesla, and AMD stocks declined, while Microstrategy announced a private offering.

Investors await U.S. services sector and factory orders data, as well as speeches from Fed policymakers, Beige Book is out tomorrow at 2:00 pm. Dow e-minis down 0.14%, S&P 500 e-minis down 0.3%, Nasdaq 100 e-minis down 0.64%. Apple slid 1.6%, Tesla 2.1%, Nvidia 0.9%, AMD 2.8%, and Microstrategy 8.6%. Cryptocurrency-linked firms Riot Platforms and Marathon Digital also fell.

Read more at Nasdaq: US STOCKS-Futures ease ahead of economic data, megacap growth stocks slide