US Stock Market Update

Investing.com — US stock futures slipped lower Tuesday, giving back some of the strong gains seen after Donald Trump’s victory in the 2024 presidential election.

Biggest Premarket US Stock Movers

• Tesla (NASDAQ:TSLA): Stock fell 0.8%, reversing some post-election gains as the EV manufacturer’s valuation rose above $1 trillion following CEO Elon Musk’s support for President-elect Donald Trump.

• Home Depot (NYSE:HD): Stock rose 0.9% after the home improvement chain raised its annual same-store sales forecast, citing resilient demand from professional contractors despite weaker spending on larger projects like kitchen renovations.

• Live Nation Entertainment (NYSE:LYV): Stock rose 5.2% after the entertainment giant exceeded third-quarter profit estimates, thanks to effective cost controls and high concert ticket prices.

• Trump Media & Technology Group (NASDAQ:DJT): Stock fell 4.6%, at risk of erasing Monday's gains, as investor uncertainty grows regarding the media stock's future following Trump's victory.

• VinFast Auto (NASDAQ:VFS): Stock increased by 0.8% after the electric vehicle maker announced new funding from its founder and parent company, Vingroup, aiming to break even by 2026.

• Visa (NYSE:V): Stock fell 0.1% after partnering with fintech company Affirm (NASDAQ:AFRM), which dropped 2.8%, to launch a card in the U.S. for debit and buy now, pay later transactions.

• Coinbase Global (NASDAQ:COIN): Stock decreased by 0.1%, reversing some recent significant gains as bitcoin surged 6% to new record levels.