Stock Market Today: Dow Jones, Nasdaq 100, S&P 500 Futures Turn Green—Trilogy Metals, AMD, Applovin In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs and lede were updated in the story.)

US futures trimmed earlier losses to trade slightly above the flatline on Tuesday, following Monday’s mixed moves. Futures of major benchmark indices were trading higher.

The Advanced Micro Devices Inc. (NASDAQ:AMD) deal with OpenAI fueled the rally in AI-linked stocks on Monday, which has been powering Wall Street’s bull run this year.

Meanwhile, President Donald Trump indicated willingness to work with the Democrats on healthcare and other policies, but only after they reopened the government, which is in its seventh day of a shutdown that began on Oct. 1. The U.S. trade deficit data, which was supposed to be released today, will be delayed because of the shutdown. ,

The 10-year Treasury bond yielded 4.17% and the two-year bond was at 3.59%. The CME Group’s FedWatch tool‘s projections show markets pricing a 92.5% likelihood of the Federal Reserve cutting the current interest rates in its October meeting.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and the Nasdaq 100 index, respectively, rose in premarket on Tuesday. The SPY was up 0.027% at $671.79, while the QQQ advanced 0.082% to $608.21, according to Benzinga Pro data.

Stocks In Focus

Trilogy Metals

• Trilogy Metals Inc. (NYSE:TMQ) skyrocketed 180.38% in premarket on Tuesday as the White House announced plans to take a 10% stake through a $35.6 million investment to support mining exploration in Alaska’s Ambler Mining District.
• TMQ maintained a stronger price trend over the short, medium, and long terms, as per Benzinga’s Edge Stock Rankings. Additional performance details are available here.

Advanced Micro Devices

• Advanced Micro Devices Inc. (NASDAQ:AMD) rose 2.57% after inking a deal with …

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