{"id":85207,"date":"2026-11-04T14:34:59","date_gmt":"2026-11-04T03:34:59","guid":{"rendered":"https:\/\/www.icmarkets.com.au\/blog\/?p=85207"},"modified":"2026-11-04T14:35:01","modified_gmt":"2026-11-04T03:35:01","slug":"tuesday-3rd-nov-2026-u-s-futures-steady-as-investors-assess-apple-earnings-and-await-midterm-elections","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com.au\/blog\/tuesday-3rd-nov-2026-u-s-futures-steady-as-investors-assess-apple-earnings-and-await-midterm-elections\/","title":{"rendered":"Tuesday 3rd Nov 2026: U.S. Futures Steady as Investors Assess Apple Earnings and Await Midterm Elections"},"content":{"rendered":"\n

Global Markets:<\/strong><\/h3>\n\n\n\n

\u25cf         Asian Stock Markets : Nikkei down 0.33%, Shanghai Composite down 0.71% Hang Seng up 0.44% ASX up 0.27%<\/p>\n\n\n\n

\u25cf        Commodities : Gold at $3,935.25 (-0.87%) Silver at $49.765 (-2.21%), Brent Oil at 104.87 (0.08%), WTI Oil at 96.70 (0.24%)<\/p>\n\n\n\n

\u25cf        Rates : US 10-year yield at 4.903, UK 10-year yield at 5.1975, Germany 10-year yield at 3.2908<\/p>\n\n\n\n

News & Data:<\/strong><\/h3>\n\n\n\n

\u25cf        (USD) ISM Manufacturing PMI<\/p>\n\n\n\n

         55.5 to 54.5  expected<\/p>\n\n\n\n

Markets Update:<\/strong><\/h3>\n\n\n\n

U.S. stock futures were little changed on Monday night as investors assessed Apple\u2019s quarterly earnings and prepared for the U.S. midterm elections. Dow futures rose 24 points, while S&P 500 futures gained 0.1% and Nasdaq-100 futures advanced 0.3%.<\/p>\n\n\n\n

Apple shares fell 2% in extended trading after the company issued a disappointing margin outlook and reported fiscal fourth-quarter iPad sales below analysts\u2019 expectations.<\/p>\n\n\n\n

Asian markets were mixed on Tuesday. South Korea\u2019s Kospi dropped 3.28%, with Samsung Electronics falling 4.37%, tracking technology losses on Wall Street. Australia\u2019s S&P\/ASX 200 gained 0.22%, while Hong Kong\u2019s Hang Seng Index rose 0.16%. Mainland China\u2019s CSI 300 slipped 0.84%. Japanese markets remained closed for a public holiday.<\/p>\n\n\n\n

In Monday\u2019s regular session, the Nasdaq Composite declined 1.07%, and the S&P 500 fell 0.51% amid continued rotation away from technology stocks. The Dow advanced approximately 214 points, or 0.41%.<\/p>\n\n\n\n

Marvell Technology shares dropped 12%, while Lumentum fell 18% following news of a proposed $115 billion acquisition. Oracle declined 8% after announcing plans to raise funds through stock and bond sales to support its artificial intelligence expansion.<\/p>\n\n\n\n

Investors are also watching the midterm elections, with potential Democratic gains raising questions about regulatory oversight and technology-sector spending. Analysts expect uncertainty to ease after voting concludes, although a decisive victory by either party could unsettle markets.<\/p>\n\n\n\n

Tuesday\u2019s agenda includes earnings from Pfizer, Shopify, AMD and Super Micro Computer, alongside September job openings and factory orders data.<\/p>\n\n\n\n

 Upcoming Events:<\/strong><\/p>\n\n\n\n

\u25cf       3:00 PM    GMT   –   USD  JOLTS Job Openings<\/p>\n","protected":false},"excerpt":{"rendered":"

Global Markets: \u25cf         Asian Stock Markets : Nikkei […]<\/p>\n","protected":false},"author":8,"featured_media":79441,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-85207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/85207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/comments?post=85207"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/85207\/revisions"}],"predecessor-version":[{"id":85208,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/85207\/revisions\/85208"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media\/79441"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media?parent=85207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/categories?post=85207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/tags?post=85207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}