S&P 500 futures were marginally lower Tuesday night. Futures for the overall index lower about 0.16%, while Nasdaq 100 futures lower by 0.03%. Dow Jones Industrial Average futures is lower 91 points.

Points to Know Before Market Opens

Major stock indexes saw modest gains on Monday, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all closing higher. This occurred despite escalating global trade tensions, though steel stocks surged after President Trump announced a doubling of steel tariffs to 50%, leading to significant jumps for Cleveland-Cliffs, Steel Dynamics, and Nucor.

In corporate news, Campbell's reported strong sales in its meals and beverages unit, aligning with a trend noted by CEO Mick Beekhuizen that home cooking is at its highest level since early 2020. This indicates a potential shift in consumer spending habits, with people opting to eat out less due to economic concerns. Meanwhile, the office real estate market is undergoing a significant transformation, with more office space being removed than added for the first time in 25 years. This is driven by high vacancy rates (around 19%) due to remote work culture, though some recovery signs are emerging, with plans to convert 85 million square feet of office space in the coming years.

In the tech sector, Elon Musk's Neuralink secured $650 million in funding from prominent investors to further develop its brain-computer interface (BCI) technology, aimed at helping patients with severe paralysis. Another company in the same field, Paradromics, also announced a successful human BCI implant. Beyond the corporate world, NBA star Stephen Curry is actively planning his post-basketball career. While still playing, he's expanding his business ventures, which already include a multimedia company, a bourbon brand, and a marketing consultancy, and is considering future roles in broadcasting, team ownership, and professional golf.

The 10-year Treasury yield decreased by 0.052 points at 4.41%. The 2-year Treasury decreased by 0.027 points at 3.918%.