Stock market today: Dow, S&P 500, Nasdaq futures trade flat as investors look to Tesla earnings after Netflix disappoints
US stock futures were steady Tuesday night as investors looked towards the next wave of earnings following a record-setting session for the Dow Jones Industrial Average (^DJI).
Futures tied to the Dow Jones Industrial Average (YM=F) and the S&P 500 (ES=F) hovered around the baseline. Nasdaq 100 futures (NQ=F) dipped roughly 0.1%.
After the bell, earnings drove sharp moves in individual names. Netflix (NFLX) dropped more than 6% in extended trading after its earnings missed Wall Street expectations. Mattel (MAT) also fell over 7% before pulling out of free fall as the market reacted to poor North American sales for the toymaker.
Earlier in the day, upbeat results from General Motors (GM), Coca-Cola (KO), and other blue chips helped propel the Dow to a new intraday record above 47,000 before closing at an all-time high. Meanwhile, gold (GC=F) and silver (SI=F) slammed the brakes on record-breaking rallies, and President Trump injected a fresh sense of uncertainty around trade talks with China.
Investors are now looking ahead to Tesla’s (TSLA) results due Wednesday, which will kick off a crucial round of reports from the “Magnificent Seven” tech names. Investors will be focused on any updates from the company on the expiration of the federal EV tax credit as well as its robotaxi rollout.
Governmental data remains sparse as the shutdown continues. Friday’s September Consumer Price Index report will be the next major data point for markets. The inflation print will help guide expectations ahead of the Federal Reserve’s late-October meeting, where traders widely anticipate a 25-basis-point rate cut.
Coming soon
Stock market coverage for Wednesday, October 22, 2025.