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U.S. stock futures were mixed early Tuesday as chip shares lifted the Nasdaq while health insurers slid sharply after a government proposal pointed to a far smaller-than-expected bump in Medicare Advantage payments for 2027. A packed earnings calendar and a looming Fed decision added to the day’s tension.
Markets broadly expect the Federal Reserve to keep interest rates unchanged at its January 2026 meeting, but the decision arrives amid a Justice Department investigation into Chair Jerome Powell and rising political scrutiny as his term nears its end.
Israel said it recovered the remains of Ran Gvili, described as the final hostage held in Gaza, an emotionally symbolic moment that also highlights unresolved disputes over Gaza’s future and the ceasefire’s next steps.
U.S. health insurers fell sharply after CMS projected only a 0.09% net payment increase for Medicare Advantage plans in 2027, a move that analysts said could squeeze margins and force benefit changes.
Political pressure intensified over immigration enforcement after the shooting of Alex Pretti, with lawmakers demanding accountability and broader disputes fueling warnings of a possible partial U.S. government shutdown.
Donovan Mitchell scored 45 points as Cleveland beat Orlando 114-98, overcoming an early sloppy stretch and pulling away with a dominant second quarter at Rocket Arena.
Micron said it has begun a major Singapore expansion with a planned $24 billion investment over 10 years, aiming to add advanced NAND capacity and strengthen its global manufacturing network.
U.S. stock futures were mixed Tuesday as chip shares rose on Micron’s Singapore expansion while health insurers sank after regulators proposed nearly flat Medicare Advantage rate growth for 2027.
The New York State Nurses Association said the largest nurse strike in NYC history moved into its third week as bargaining resumed, with the union highlighting an agreement to maintain health benefits while pressing for safe staffing and violence protections.
Georgia lawmakers are weighing a pause on new data center construction as concerns grow about energy demand, water use and utility bills tied to the AI boom. Similar debates are spreading to other states as residents and officials seek stricter rules for a fast-expanding industry.
A fatal shooting during federal immigration enforcement actions in Minneapolis has sparked outrage, conflicting public claims and renewed scrutiny of ICE operations. The incident is driving demands for investigations and policy changes while the administration weighs next steps under intense political and public pressure.
The Trump administration is investing in USA Rare Earth through a $1.6 billion package combining federal funding and a loan, in exchange for shares and warrants. The move aims to expand U.S. mining and magnet-making capacity and reduce reliance on China in strategically important supply chains.