Traders
work
the
floor
of
the
New
York
Stock
Exchange.
NYSE
Stock
futures
ticked
up
on
Tuesday
night,
as
investors
held
out
hope
that
the
Federal
Reserve
is
done
raising
benchmark
interest
rates.
Futures
tied
to
the
Dow
Jones
Industrial
Average
ticked
higher
by
34
points
or
0.1%.
S&P
500
futures
and
Nasdaq
100
futures
added
about
0.1%
In
after-hours
action,
shares
of
Las
Vegas
Sands
slipped
more
than
4%
after
the
company
announced
that
Miriam
Adelson
–
the
casino
operator’s
largest
shareholder
–
would
sell
$2
billion
in
shares.
NetApp
jumped
11%
after
issuing
upbeat
earnings
guidance
and
beating
analysts’
expectations
in
the
latest
quarter.
During
regular
trading,
the
major
averages
notched
modest
gains.
The
S&P
500
advanced
0.1%,
while
the
Nasdaq
Composite
added
about
0.3%.
The
Dow
inched
higher
by
0.2%.
Federal
Reserve
Governor
Christopher
Waller
said
on
Tuesday
that
current
monetary
policy
appears
to
be
sufficiently
restrictive
to
cool
inflation
back
down
to
the
central
bank’s
2%
target.
The
comments
helped
fuel
investor
optimism
and
buoyed
stocks.
“Markets
are
already
far
ahead
of
where
Waller
shifted
the
Fed
to,”
Vital
Knowledge
founder
and
president
Adam
Crisafulli
said
on
CNBC’s
“Closing
Bell:
Overtime”
on
Tuesday.
“Now
it’s
just
a
question:
Is
the
Fed
going
to
start
pushing
back
aggressively
again
about
rate
cuts
that
are
expected
for
next
year,
and
I
think
there’s
a
lot
of
important
economic
data
we’ll
get
between
now
and
the
next
meeting,”
he
added.
“I
think
investors
are
just
waiting
to
see
clarity
on
that
front.”
Indeed,
fed
funds
futures
pricing
suggests
a
chance
that
the
central
bank
could
cut
rates
as
early
as
next
spring,
according
to
the
CME
FedWatch
Tool.
On
Wednesday,
traders
will
have
an
eye
out
for
second
preliminary
gross
domestic
product
data
for
the
third
quarter,
as
well
as
the
wholesale
inventories
report
for
October.
On
the
earnings
front,
Hormel
Foods
and
Dollar
Tree
are
expected
to
issue
quarterly
results
before
the
opening
bell.
Salesforce
will
post
earnings
after
the
close.
