Stock Market Today: Nasdaq Futures Rise, S&P 500 Slips Amid Mixed Trade—Kenvue, Micron Tech, Nvidia In Focus

U.S. stock futures were fluctuating on Tuesday following Monday’s record advances. Futures of major benchmark indices were mixed. Fueled by expectations that the AI trade and future Federal Reserve interest-rate cuts will continue to power the market, stocks surged on Monday to secure a third consecutive record-high close. Investors are eyeing the central bank’s chair, Jerome Powell, who is scheduled to deliver a speech on monetary policy later Tuesday. Meanwhile, the 10-year Treasury bond yielded 4.13% and the two-year bond was at 3.59%. The CME Group's FedWatch tool’s projections show markets pricing a 91.9% likelihood of the Federal Reserve cutting the current interest rates in its October meeting.