The SPY 500 futures market is showing steady bids, climbing 18 points before the New York open. Traders are rotating into defensive sectors, anticipating possible volatility around Fed minutes release. The Dow Jones index ended 82 points or 0.18% higher at 46,397.89, whereas the S&P 500 index rose 0.41% to 6,688.46. Nasdaq Composite advanced 0.30% to 22,660.01, and the small-cap gauge, Russell 2000, gained 0.051% to end at 2,436.48. The Dow Jones index ended 79 points or 0.17% higher at 46,519.72, whereas the S&P 500 index rose 0.062% to 6,715.35. Nasdaq Composite advanced 0.39% to 22,844.05, and the small-cap gauge, Russell 2000, gained 0.66% to end at 2,458.49. Futures tied to the SPY 500 index are trading around 4,925, rebounding from yesterday’s dip. Market sentiment is lifted by tech sector earnings beats, suggesting potential upside for index-heavyweights if the trend holds through the week.
