Nasdaq Builds on Record High as Markets Focus on Fed Rate Cuts Ahead of Key Jobs Revisions

Stock futures were rising early Tuesday as investors awaited key jobs and inflation data, and a hotly anticipated Apple product launch event.

Futures on the Dow Jones Industrial Average were broadly flat early in the day, S&P 500 futures rose 0.1% and Nasdaq futures pointed 0.2% higher as tech stocks looked set to lead the market higher again after the index closed at a record high Monday. Apple’s annual product event starts Tuesday, which could be another catalyst for the tech sector.

All three indexes finished higher in the previous session, with the S&P 500 closing within touching distance of a new record.