Monday’s S&P 500 index futures session shifted from testing resistance to probing support, with a choppy selloff dominating until late buying trimmed losses at the close.
Overnight trading stayed green but capped just below the psychological 6900 level at a high of 6893.75. The regular session opened near that peak and immediately headed lower in a steady, choppy decline that paused around lunchtime. Bulls briefly attempted a rebound, only for sellers to resume control post-lunch and drive to the session low of 6835.25, forming a double-bottom with Thursday’s low.
The index futures lingered near that support for most of the afternoon before a final-minute surge pared some damage. The regular session closed below the midpoint at 6855.75, down 22.50 handles.
Tuesday brings the delayed October job openings report at 10:00 AM ET, plus a small handful of earnings mostly after the close.
Among top index components, Broadcom Inc (NASDAQ: AVGO) emerged as the biggest gainer for the second straight day. The chip designer rose $10.86 or 2.78% to close at $401.10.
That performance was over three percent better than the cash index’s 0.30% decline.
The biggest loser was Tesla Inc (NASDAQ: TSLA). For the day, the AI/EV company fell $15.42 or 3.39% to close at $439.58 following a Morgan Stanley downgrade.
