{"id":91579,"date":"2026-11-03T20:26:48","date_gmt":"2026-11-03T09:26:48","guid":{"rendered":"https:\/\/www.ic.com\/blog\/?p=91579"},"modified":"2026-11-03T20:26:48","modified_gmt":"2026-11-03T09:26:48","slug":"tuesday-3rd-nov-2026-u-s-futures-steady-as-investors-assess-apple-earnings-and-await-midterm-elections","status":"publish","type":"post","link":"https:\/\/www.ic.com\/blog\/tuesday-3rd-nov-2026-u-s-futures-steady-as-investors-assess-apple-earnings-and-await-midterm-elections\/","title":{"rendered":"Tuesday 3rd Nov 2026: U.S. Futures Steady as Investors Assess Apple Earnings and Await Midterm Elections"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Global Markets:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Asian Stock Markets : Nikkei down 0.33%, Shanghai Composite down 0.71% Hang Seng up 0.44% ASX up 0.27%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; Commodities : Gold at $3,935.25 (-0.87%) Silver at $49.765 (-2.21%), Brent Oil at 104.87 (0.08%), WTI Oil at 96.70 (0.24%)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; Rates : US 10-year yield at 4.903, UK 10-year yield at 5.1975, Germany 10-year yield at 3.2908<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>News &amp; Data:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; (USD) ISM Manufacturing PMI<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55.5 to 54.5&nbsp; expected<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Markets Update:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">U.S. stock futures were little changed on Monday night as investors assessed Apple\u2019s quarterly earnings and prepared for the U.S. midterm elections. Dow futures rose 24 points, while S&amp;P 500 futures gained 0.1% and Nasdaq-100 futures advanced 0.3%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Apple shares fell 2% in extended trading after the company issued a disappointing margin outlook and reported fiscal fourth-quarter iPad sales below analysts\u2019 expectations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Asian markets were mixed on Tuesday. South Korea\u2019s Kospi dropped 3.28%, with Samsung Electronics falling 4.37%, tracking technology losses on Wall Street. Australia\u2019s S&amp;P\/ASX 200 gained 0.22%, while Hong Kong\u2019s Hang Seng Index rose 0.16%. Mainland China\u2019s CSI 300 slipped 0.84%. Japanese markets remained closed for a public holiday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In Monday\u2019s regular session, the Nasdaq Composite declined 1.07%, and the S&amp;P 500 fell 0.51% amid continued rotation away from technology stocks. The Dow advanced approximately 214 points, or 0.41%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Marvell Technology shares dropped 12%, while Lumentum fell 18% following news of a proposed $115 billion acquisition. Oracle declined 8% after announcing plans to raise funds through stock and bond sales to support its artificial intelligence expansion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors are also watching the midterm elections, with potential Democratic gains raising questions about regulatory oversight and technology-sector spending. Analysts expect uncertainty to ease after voting concludes, although a decisive victory by either party could unsettle markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tuesday\u2019s agenda includes earnings from Pfizer, Shopify, AMD and Super Micro Computer, alongside September job openings and factory orders data.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<strong>Upcoming Events:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf &nbsp; &nbsp; &nbsp; 3:00 PM&nbsp; &nbsp; GMT &nbsp; &#8211; &nbsp; USD&nbsp; JOLTS Job Openings<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Risk Warning:<\/strong>&nbsp;Trading in securities involves significant risk. Prices may fluctuate and securities can become entirely valueless. You may incur losses that exceed your potential profits, and in some cases, losses may exceed the amount you have deposited. Securities, futures, options, and contracts for differences are complex financial instruments and are not suitable for all investors. Engaging in such transactions requires a sound understanding of the associated risks. Please read and ensure you fully understand our&nbsp;<a href=\"https:\/\/cdn.ic.com\/uploads\/FSA\/Risk_Disclosure_Notice_FSA.pdf\" target=\"_blank\" rel=\"noopener\">Risk Disclosure<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our leverage is dynamic and may change at any time. Such changes may affect your positions and margin requirements. You are responsible for monitoring your positions and maintaining sufficient margin at all times.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: \u25cf&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Asian Stock Markets : Nikkei [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":84958,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-91579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"_links":{"self":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/91579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/comments?post=91579"}],"version-history":[{"count":1,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/91579\/revisions"}],"predecessor-version":[{"id":91580,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/91579\/revisions\/91580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/media\/84958"}],"wp:attachment":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/media?parent=91579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/categories?post=91579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/tags?post=91579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}