Dow futures rise slightly after losing session: Live updates

Traders work at the New York Stock Exchange on Nov. 3 2025.

NYSE

Dow futures rose slightly Tuesday night after all three major U.S. averages posted losses.

Dow Jones Industrial Average futures climbed 72 points, or 0.15%. S&P 500 futures fell 0.1%, while Nasdaq 100 futures dipped nearly 0.3%.

Wall Street is coming off a losing session for the major averages. The S&P 500 declined 1.2%, while the Nasdaq Composite dropped 2%. The Dow Jones Industrial Average lost 251 points, or 0.5%.

That comes after Palantir dropped about 8%, even after besting expectations for the third quarter, as investors worried that valuations for the software company — and the broader AI theme — have gotten untenable. After all, Palantir is trading at more than 200 times forward earnings.

Yet many investors remain optimistic that the long-term trend is still favorable for tech stocks, even if there is a near-term pullback, given the strength of spending in AI infrastructure.

“I don’t think that this is concerning today,” Liz Young Thomas, head of investment strategy at SoFi, said on CNBC’s “Closing Bell” on Tuesday. “I do think that as far as we’ve gotten, this extended, is concerning eventually, but I still think that we’re going to run into year end.”

“I still think the chase is on. I still think the large cap love affair is on. And that’s probably not going to change over the longer term period,” she continued. “But today, I think we were looking for an excuse.”

On the economic front, investors will continue to seek clarity using alternative data in lieu of government reports. On Wednesday, the ADP private payrolls report is set to be released. Weekly mortgage applications and ISM services data are also on deck.

Earnings season continues with McDonald’s reporting Wednesday before the open. Of the 360 S&P 500 companies that have reported thus far, roughly 82% have beaten expectations, according to FactSet data. The S&P 500 is set to post a blended growth rate of more than 12%.

Here’s the latest earnings scorecard

Earnings season is more than halfway through, and the results have been better than expected. Of the 360 S&P 500 companies that have reported thus far, roughly 82% have beaten expectations, according to FactSet data. The S&P 500 is set to post a blended growth rate of more than 12%.

— Sarah Min

Stocks making the biggest moves after hours

Check out the companies making headlines after hours.

AMD — The semiconductor stock dropped 1% after Amazon said in a securities filing that it dissolved its stake in AMD in the third quarter. Otherwise, the company reported third-quarter earnings that topped expectations, with adjusted earnings of $1.20 per share on revenue of $9.25 billion. Analysts surveyed by LSEG had expected per-share earnings of $1.16 on revenue of $8.74 billion.

Pinterest — The image sharing platform plunged 18% after Pinterest reported disappointing third-quarter results, with adjusted earnings of 38 cents per share on revenue of $1.05 billion. Analysts polled by LSEG had expected per-share earnings of 42 cents on revenue of $1.05 billion.

Super Micro Computer — The AI stock tumbled 10% after Super Micro missed expectations for its first quarter and offered a disappointing earnings forecast. The server and computer infrastructure company reported adjusted earnings of 35 cents on revenue of $5.02 billion. Analysts polled by LSEG had expected per-share earnings of 40 cents on revenue of $6.0 billion. For the second quarter, the company expects to earn between 46 cents and 54 cents per share, on an adjusted basis. That’s shy of the consensus estimate of 61 cents per share.

Read the full list here.

— Sarah Min