Tuesday’s session extended the winning streak to three days, grinding higher and bringing the S&P 500 index futures within striking distance of fresh all-time highs.

Overnight trading oscillated near unchanged, with the early low marked at 6931. The regular session opened modestly green but buyers quickly met resistance. Bulls broke free of the opening range after December’s S&P Global Composite PMI came in slightly below expectations, pushing past Monday’s high before momentum paused. Mid-morning reports that the Supreme Court had set Friday as opinion day amid pending tariff discussions briefly seemed to help the bears, but bids quickly returned. 

A lunch-hour rebound led to another afternoon leg higher, though the rally stalled near 6990, just shy of the psychological 7000 level. The session high of 6991.50 printed in the final minutes, with neither side able to force a decisive move in the closing hours. The regular session closed near that peak at 6987.75, up 44 handles.

Wednesday brings December ADP Employment at 8:15 AM ET, ISM services at 10:00 AM ET, additional macro releases, and a handful of earnings reports.

Among top index components, Amazon.com Inc (NASDAQ: AMZN) emerged as the biggest gainer. The e-commerce giant surged $7.87 or 3.38% to close at $240.93.

That performance was a fabulous five times better than the cash index’s 0.59% advance.

Flipping its role from Monday, the biggest loser was Tesla Inc (NASDAQ: TSLA). For the day, the AI/EV company dropped $18.71 or 4.14% to close at $432.96 following competitor announcements at CES.