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stock futures trended slightly higher early Tuesday as investors balanced a quiet global trading session against the pressure of elevated Treasury yields and the start of the third-quarter earnings season.
The market is currently digesting a severe economic crisis in Iran while assessing whether lower Federal Reserve rate-hike expectations can sustain momentum despite high bond yields.
Polymarket (CRYPTO: POL) contracts indicate a slightly bullish sentiment for the October 6 trading session. The "S&P 500 (SPX) Up or Down on October 6?" contract reflects a 57% chance of a higher open.
The previous day's contract for October 5 resolved "Up," with a total trading volume of $27,456. Market commentary from Vested notes that sentiment remains constructive following a soft September jobs report.
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