Stock futures edge higher after Nasdaq hits new record: Live updates

The Nasdaq Composite hit a fresh intraday all-time high and posted a record close Monday, and that momentum is carrying into Tuesday's premarket session. S&P 500 futures were last up 0.25% early Tuesday, extending the bid that followed the Nasdaq's record run.

The sequence matters for positioning. A record close, rather than just an intraday spike, signals buyers held the highs into the bell instead of fading them. Futures following through with a modest gain, rather than gapping sharply, points to steady continuation rather than euphoric chasing. That is interpretation of the price action, not a confirmed trend.

The Nasdaq Composite is the lead index in this move, so the tape is being set by the growth-heavy benchmark. When the Nasdaq prints records and S&P 500 futures hold a 0.25% gain overnight, the market is telling you risk appetite remains intact heading into the Tuesday cash open.

Traders should note that the Nasdaq record is the catalyst here. No separate macro print or policy event is cited as the driver in the session, which means the move rests on price momentum itself. Momentum setups can persist, but they also leave less cushion if sentiment shifts.