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Inventory futures haven't modified a lot after the S&P 500 broke information simply earlier than the beginning of November

Stock futures were slightly lower in early morning trading on Tuesday after the S&P 500 hit a new high to close on Monday kicking off November.

Futures on the Dow Jones Industrial Average only rose 2 points. S&P 500 futures and Nasdaq 100 futures were both just below the flatline.

All three major US stock indices hit new intraday highs and closed at record levels during the regular session on Monday.

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The Dow rose 94.3 points, helped by gains at Boeing and Dow Inc. The S&P 500 rose nearly 0.2%. The Nasdaq Composite gained 0.6%. The small-cap Russell 2000 gained 2.7%, the best daily performance since August.

Eight out of eleven S&P 500 sectors ended the session higher, led by energy.

Tesla stock cooled off Tuesday after it burst in late October. The electric car maker's shares fell 5.3% ahead of the market, despite rising 71.3%

Investors are watching a number of potentially market-moving events this week. The highly anticipated meeting of the Federal Reserve's Open Market Committee is due this week. The job report for October falls on Friday. The third quarter earnings season continues.

"The November FOMC meeting, October payrolls … and a host of earnings updates herald a catalytic heavy trading week," Goldman Sachs' Chris Hussey said in a note.

Investors expect earnings reports from companies like Under Armor, Pfizer and Lyft on Tuesday.

Better-than-expected corporate earnings drove US stock averages, ending October at record highs, with the S&P 500 and Nasdaq having their best months since November 2020.

According to FactSet, 55.8% of the S&P 500 companies reported quarterly financial results as of Monday night, with 82% beating earnings estimates.

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