U.S. stock index futures rose slightly on Tuesday evening after Wall Street logged bruising losses on heightened geopolitical tensions amid President Donald Trump’s demands for Greenland.
Netflix was a major mover in aftermarket trade, falling nearly 5% after the streaming giant’s outlook fell short of street expectations.
Get more key insights on U.S. stocks by upgrading to InvestingPro
Futures steadied after Wall Street’s worst session in three months, as markets fretted over Trump’s plans to acquire Greenland despite opposition from European leaders.
S&P 500 Futures rose 0.1% to 6,838.0 points by 18:27 ET (23:27 GMT). Nasdaq 100 Futures rose 0.1% to 25,152.75 points, while Dow Jones Futures rose 0.1% to 48,727.0 points.
Netflix slides on weak outlook; more earnings awaited Netflix Inc (NASDAQ:NFLX) slid 4.8% after its December quarter earnings beat market expectations, but its first-quarter guidance came in short.
The company flagged declining viewership of non-branded licensed titles, indicating that demand outside its premier in-house content was weakening. Netflix’s guidance for 2026 also missed expectations.
Netflix’s print comes amid a swathe of mixed corporate earnings over the past week, especially from major U.S. banks. The fourth quarter earnings season is set to continue in the coming days, with Johnson & Johnson (NYSE:JNJ), Charles Schwab Corp (NYSE:SCHW), and Prologis Inc (NYSE:PLD) set to report on Wednesday.
Procter & Gamble Company (NYSE:PG), GE Aerospace (NYSE:GE), Intel Corporation (NASDAQ:INTC), Abbott Laboratories (NYSE:ABT), and Intuitive Surgical Inc (NASDAQ:ISRG) will report earnings on Thursday.
Among other movers on Tuesday evening, United Airlines Holdings Inc (NASDAQ:UAL) rose 5% on strong quarterly earnings and guidance.
Wall St spooked by Trump-Greenland spat Wall Street indexes tumbled on Tuesday following a long weekend, as markets were rattled by heightened geopolitical tensions over Greenland.
Trump threatened eight European countries with trade tariffs until a deal was struck for the U.S. to acquire the Danish territory. His demands were widely rejected.
The president– who appeared to have linked his Greenland threat to his failure to win a Nobel Peace Prize, is set to speak at the World Economic Forum in Davos, Switzerland, on Wednesday.
Trump is also set to meet several European leaders at the conference, amid growing uncertainty over how his administration plans to handle Greenland. The president has not ruled out the possibility of military action.
The S&P 500 slid 2.1% to 6,796.94 points on Tuesday. The NASDAQ Composite slumped 2.4% to 22,954.94 points, while the Dow Jones Industrial Average sank 1.8% to 48,488.59 points.
Markets were already on edge over increased geopolitical tensions after a U.S. incursion in Venezuela at the beginning of the year. This incursion also left investors wary of any more U.S. military action.
