Today’s Stock Futures: Live Updates

3 hours before

European markets are less open

European markets opened lower on Tuesday as investors awaited the start of the US Federal Reserve’s two-day monetary policy meeting.

The pan-European Stoxx 600 index opened 0.2% lower, with sectors temporarily trading in positive and negative territory. Health-care stocks were the biggest losers, down 0.7%, while travel and leisure stocks rose 0.2%.

– Hannah Ward-Glenton

11 hours ago

Square CEO to leave the company

Square’s CEO is set to leave the company, according to regulatory filings released Monday.

Alyssa Henry is set to leave fintech firm Block on October 2 after more than nine years.

Shares of Block fell nearly 2% in extended trading.

– Samantha Subin

12 hours ago

Kathy Wood is standing by her radical call for Tesla

ArcInvest’s Cathy Wood reiterated her big bullish call on her EV darling Tesla, which has seen it hit $2,000 in five years thanks to the robotaxi boom.

“One-third of our estimate is related to electric vehicles,” Wood said on CNBC’s “Fast Money” Monday. “Two-thirds of our assessment is autonomous [driving] and autonomous taxi platforms.”

Woods’ bear case on Tesla is a $1,400 target by 2027 and his bull case is $2,500. Tesla is the largest holding in its flagship Ark Innovation ETF ( ARKK ) fund with an 11.5% weighting. Shares of Tesla have more than doubled this year after losing 65% in 2022.

– Yun Li

12 hours ago

Instacart priced the IPO at $30 per share

12 hours ago

The Stock Futures Open has changed a bit

Stock futures were little changed on Monday evening as Wall Street awaited the start of the Federal Reserve’s policy meeting.

Futures linked to the Dow Jones industrial average added 13 points, or 0.03%, while S&P 500 futures and Nasdaq 100 futures added 0.02% and 0.06%, respectively.

– Samantha Subin

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