Market Pulse: Stock Futures Rise as Google Dodges Major Antitrust Penalty – Live Updates Inside!

Traders at the New York Stock Exchange saw a bit of a lift on Tuesday night. Stock futures rose after a federal court ruled in favor of Alphabet, Google’s parent company, in an antitrust case. This verdict sparked hope that tech giants can handle regulatory challenges.

S&P 500 futures climbed by 0.2%, and Nasdaq-100 futures jumped 0.3%. Meanwhile, Dow Jones Industrial Average futures dipped slightly, down 57 points, or about 0.1%.

In after-hours trading, Alphabet’s stock surged more than 7%. The court decision allows Google to keep its Chrome browser but restricts it from making exclusive search deals and mandates sharing search data. This ruling is seen as a relief for Google, especially as artificial intelligence increases consumer options.

The ruling also benefits Apple. It can continue preloading Google Search on iPhones, which brings in significant revenue. In response, Apple’s stock rose over 3%.

However, September started on a shaky note for stocks. All three major U.S. indexes ended up in the red as investors took profits from the summer rally. The Dow lost about 249 points (0.55%), the S&P 500 dropped nearly 0.7%, and the Nasdaq Composite fell about 0.8%, with companies like Nvidia seeing a 2% decline.

Another noteworthy aspect is the rise in bond yields. The 10-year Treasury yield hit 4.27%, while the 30-year yield increased to 4.97%. This uptick followed a ruling that many of Trump’s trade tariffs are illegal, potentially requiring a refund of billions in duties.

Historically, September is often challenging for the stock market. According to Scott Wren, a senior strategist at Wells Fargo, it’s the worst month for the S&P 500 since 1950, averaging a -0.7% return. He warned that market volatility is likely to increase due to economic slowdowns, tariff effects, and political uncertainties.

Investors are widely anticipating the August jobs report due out on Friday. This could be a crucial indicator for how stocks will perform in the coming weeks.

As markets react, keeping an eye on economic data and regulatory news will be key for understanding future trends. For authoritative insights and more information, check Bloomberg’s analysis on market performance.



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