Cautious Optimism as Investors Eye Economic Data

U.S. stock index futures edged up amid investor caution ahead of key economic data and potential policy insights from the incoming Trump administration. Analysts are monitoring employment data and Federal Reserve comments for clues on economic resilience, inflation risks, and possible monetary policy adjustments.

On Tuesday, U.S. stock index futures remained flat to slightly higher, with investors adopting a cautious stance ahead of pivotal economic data releases. Analysts keenly await insights into the policies of the incoming Trump administration, which could significantly impact market dynamics.

Attention is focused on the Job Openings and Labor Turnover survey and the Institute for Supply Management's data on services activity. These reports, scheduled for release at 10 a.m. ET, are being closely analyzed alongside the upcoming non-farm payrolls figures, pivotal in assessing the Federal Reserve's monetary policies.

In the tech realm, Nvidia witnessed a 1.6% increase in shares following new product unveilings, while Micron Technology soared 5.4% due to its collaboration with Nvidia. Investor interest has heightened around these updates as they prepare for shifts in the economic landscape.

(With inputs from agencies.)