U.S. stock futures showed modest gains in the first 90 minutes of the evening session. The S&P 500 rose by 0.1%, while the Nasdaq 100 gained 0.2%. This positive movement comes after a strong performance earlier in the day on Tuesday, especially in the Consumer Discretionary and Communications Services sectors.
Google, Meta, and Netflix Drive the Market
Among the biggest performers in the S&P 500, major tech stocks such as Google (GOOGL), Meta (META), and Netflix (NFLX) all saw gains of over 1%. These stocks contributed significantly to the overall market strength. However, defensive sectors like Healthcare and Utilities lagged behind, showing weaker performance.
Investor Sentiment Rises Amid Tariff Optimism
Despite disappointing Consumer Confidence data, investor sentiment turned more positive. This shift is largely due to expectations of a more moderate approach to tariff implementation by the White House. This optimism has helped fuel gains for the third consecutive session.
Commodities: Crude Oil Shows Strength
In commodities, WTI Crude Oil held steady above $69 per barrel. After two weeks of large inventory builds, the latest API Petroleum inventories data revealed the largest weekly draw of 2025, signaling a rise in demand for oil.
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