Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025.
Danielle DeVries | CNBC
Stock futures were little changed early Wednesday after a record-setting session for Wall Street.
Futures tied to the Dow Jones Industrial Average slipped 60 points, or 0.1%. S&P futures and Nasdaq-100 futures lost about 0.1% each.
The S&P 500 on Tuesday climbed to an all-time high, even as concerns around sticky inflation and President Donald Trump’s trade policies persist. The benchmark hit an intraday record of 6,129.63 and closed at 6,129.58.
“The stock market’s resiliency has been impressive year-to-date as investors refuse to ‘back down’ in the face of rising negative sentiment and concerns about tariff and inflation headlines,” Craig Johnson, chief market technician at Piper Sandler, said in a Tuesday note. “We expect market conditions to remain choppy as investors rotate ‘down-cap’ amid declining Treasury yields, weakening crude oil, and a pullback in the U.S. dollar.”
Trump on Tuesday floated the notion of imposing a 25% tariff on imported autos, chips and pharmaceuticals.
On the data front, the January housing starts report is due at 8:30 a.m. ET. Investors will also look through the minutes from the latest Federal Reserve meeting, set for release at 2 p.m. ET. The Fed kept rates unchanged but expressed concern over the U.S. inflation outlook.
