U.S. stock futures held steady early Tuesday after the Dow Jones Industrial Average cleared the historic 52,000 milestone for the first time, driven by a rebound in technology shares and easing geopolitical tensions in the Middle East. As of 4:00 a.m. ET, Nasdaq futures rose 0.1%, while S&P 500, Dow, and Russell 2000 futures were flat with a positive bias. Alphabet surged 5% during its debut trading session as a Dow constituent.
A tentative truce between the U.S. and Iran has stabilized global markets ahead of diplomatic talks in Doha, Qatar, later Tuesday. Despite optimism from easing tensions, Wall Street analysts are becoming cautious. RBC Capital Markets raised its year-end S&P 500 target to 8,150 on stronger earnings expectations but warned investors to expect volatility rather than a smooth rally.