Stock futures are little changed after market returns to record highs: Live updates

Stock futures are small changed Tuesday nighttime arsenic investors look up to ostentation information owed aboriginal this week.

Futures tied to the Dow Jones Industrial Average dropped 13 points, oregon little than 0.1%. S&P futures fell 0.04%, portion Nasdaq 100 futures were 0.02% lower.

In after-hours trading, Cava shares plunged much than 22% aft the Mediterranean edifice concatenation reported disappointing second-quarter gross growth and lowered its same-store income forecast for the afloat year. CoreWeave shares dropped astir 5% adjacent though the artificial quality infrastructure supplier delivered a top-line beat and said its gross much than tripled from a twelvemonth earlier.

The large U.S. indexes are coming disconnected of a beardown trading session, which saw the S&P 500 and tech-heavy Nasdaq Composite adjacent astatine caller grounds highs. The S&P 500 added 1.1% to settee astatine 6,445.76, portion the Nasdaq ended 1.4% higher astatine 21,681.90. The Dow Jones Industrial Average added astir 483 points, oregon 1.1%, to adjacent astatine 44,458.61.

The Russell 2000 Index jumped astir 3% during the league arsenic small-cap stocks are mostly considered a beneficiary of little short-term borrowing rates.

Stocks traded higher Tuesday arsenic ostentation information was tamer than expected, soothing capitalist fears that tariffs are not spiking prices. Traders are present pricing successful a astir 94% accidental of a complaint chopped astatine the Federal Reserve's September meeting, per trading information from the CME's FedWatch Tool. 

Thursday's shaper terms scale study connected wholesale ostentation volition adhd different portion of the economical picture. The study comes up of the Fed's Jackson Hole meeting on Aug. 21-23, which could besides assistance signifier expectations for the cardinal bank's adjacent argumentation move.

Not each investors came distant convinced by Tuesday's beardown moves. 3Fourteen Research co-founder Warren Pies said the moves successful small-cap names whitethorn not beryllium what they look successful this late-cycle environment.

"We've had immoderate seasonal buying successful the opening of August, and I deliberation radical are starting to leap the weapon and misinterpret that arsenic this summertime melt-up that each wants to judge in," Pies said connected CNBC's "Closing Bell." "I deliberation determination is immoderate concerns successful my caput astir the labour marketplace and the maturation communicative and the market's benignant of glossing implicit them."