US futures were lower on Tuesday as traders await big tech quarterly results later in the day while the Chinese regulatory crackdown continued to drag down investors' mood. Alphabet, Apple and Microsoft are due to report today after the closing bell while Tesla on Monday announced stronger-than-expected earnings and a record net income of $1.1 billion. Meanwhile, the FOMC 2-day meeting will kick off today and officials will likely discuss an eventual tapering of stimulus. The Dow added 83 points or 0.2% to end at 35,144. The S&P 500 gained 11 points or 0.2% to 4,422, while the Nasdaq was almost flat at 14,841.
Historically, the United States Stock Market Index (US30) reached an all time high of 35150.37 in July of 2021. United States Stock Market Index (US30) - data, forecasts, historical chart - was last updated on July of 2021.
The United States Stock Market Index (US30) is expected to trade at 34202.23 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 31848.53 in 12 months time.