December S&P 500 E-Mini futures are slightly up, while Nasdaq 100 E-Mini futures are down as investors react to quarterly results from companies like Tesla and IBM. Medpace Holdings sees a surge in pre-market trading after posting strong Q3 results and raising full-year guidance.

Higher bond yields impact stock index futures as Treasury yields rise due to concerns over inflation from higher oil prices. Oil prices spike after U.S. President Trump imposes sanctions on Russia’s top oil companies amid the Ukraine war.

Wall Street closes lower with Netflix, Texas Instruments, and Lennox International taking hits. Intuitive Surgical, on the other hand, sees a jump after reporting positive Q3 results. Fundstrat Global Advisors sees a strong final 10 weeks of 2025 with solid corporate earnings and other factors.

Third-quarter earnings season continues with reports expected from companies like Intel, T-Mobile US, and Ford Motor. S&P 500 companies forecast a +7.2% increase in quarterly earnings for Q3. The U.S. government shutdown continues with no clear resolution in sight.

Asian markets see mixed closes with China’s Shanghai Composite up and Japan’s Nikkei 225 down. China’s market optimism stems from potential stimulus measures and a de-escalation in U.S.-China trade tensions, while Japan’s market sees declines following a recent rally.

Pre-market movers include Tesla, IBM, Molina Healthcare, and Medpace Holdings. Quantum computing stocks see a rise after reports of the Trump administration considering equity stakes in exchange for funding. Notable earnings today include T-Mobile US, Intel, Blackstone, and Ford Motor.

Read more at Yahoo Finance: Stocks Muted Before the Open With Earnings in Focus