Overnight Developments
No major macro or geopolitical surprises overnight. US futures point to a flat-to-slightly-higher open. The notable pre-market story is a watchlist name — NuScale Power (SMR) — sliding on fresh analyst downgrades.
Futures & Pre-Market
| Index | Futures | Change |
|---|---|---|
| S&P 500 | 7,569.00 | +0.16% |
| NASDAQ | 30,201.25 | +0.12% |
| DOW | 51,740.00 | +0.26% |
Watchlist Movers
- SMR -3.37% pre-market ($12.00) — Goldman Sachs and Citi both cut targets; Goldman to $9, Citi to $7 with a Sell rating, citing execution risk and the lack of firm SMR-technology sales despite South Korea investment talks.
International Markets
Asia closed lower — Nikkei -1.12%, Hang Seng -1.15%, Shanghai -0.82%. Europe is modestly higher in early trade, with the FTSE 100 +0.50% and the DAX +0.35%.
What to Watch at Open
US futures are flat, so the broad tape looks calm into the open. Watch nuclear/clean-energy names after the SMR downgrades — the read-through could pressure peers like OKLO, SMR, and NNE even though no new sector-wide catalyst emerged overnight.
This alert is for informational purposes only and does not constitute financial advice.