December Nasdaq 100 E-Mini futures (NQZ25) are down -0.57% due to weak earnings from tech giants like AMD and SMCI. Investors await U.S. ADP employment report and corporate earnings. Wall Street closed lower with stocks like TSLA, NVDA, MU, and PLTR falling. Expeditors International (EXPD) was a top gainer. China extends tariff suspension and lifts tariffs on some U.S. goods.

Corporate earnings season continues with reports from MCD, APP, QCOM, ARM, HOOD, MCK, and DASH. S&P 500 companies expect a +7.2% increase in Q3 earnings. U.S. economic data includes the ADP private payrolls report, ISM Non-Manufacturing PMI, and S&P Global Services PMI. U.S. Crude Oil Inventories data is also awaited.

The U.S. government shutdown is the longest in history at 36 days. The Supreme Court hears arguments on Trump’s tariff use. Rate futures predict a 69.9% chance of a 25 basis point rate cut. The 10-year U.S. Treasury note yield is at 4.088%. Euro Stoxx 50 Index is down -0.64% due to tech valuation concerns.

Germany’s Factory Orders, France’s Industrial Production, Eurozone’s Composite PMI, Services PMI, and PPI data were released. Asian markets closed mixed, with SHCOMP up +0.23% and NIK down -2.50%. China suspends and lifts tariffs on U.S. goods, while Premier Li vows to reform global trade. Japan’s NIK tumbles on tech stock selloff and economic concerns.

Pre-market U.S. stock movers include AMD, SMCI, AXON, PINS, and ANET. Earnings spotlight features various companies. This information is for informational purposes only.

Read more at Yahoo Finance: Nasdaq Futures Slip on Weak Tech Earnings and Valuation Concerns, U.S. ADP Jobs Report in Focus