Down futures hovered near the 38

Down futures hovered near the 38,350 level, down 120 points early Tuesday, as investors rotate into defensive sectors like utilities and consumer staples. Market sentiment reflects ongoing geopolitical risks and bond yield fluctuations affecting equity demand. See Also: Who Gets The Blame For A Government Shutdown, Republicans Or Democrats? Here’s What Voters Say Elsewhere in markets, gold ( GC=F ) retreated from its record highs, down 0.2%, and crude oil ( CL=F , BZ=F ) prices also fell 1%. The 10-year Treasury yield ( ^TNX ) ticked lower by about 1 basis point to 4.12%. Down futures opened under pressure as crude oil prices fell for a fifth consecutive session. Energy sector weakness is dragging sentiment, with traders keeping an eye on OPEC production cuts and inventory reports for clues.