Stock Market: Will S&P 500 Open Up or Down Today? - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)

Stock futures pointed higher early Wednesday as Wall Street looked ahead to earnings from two “Magnificent 7” companies after the close: Meta Platforms and Tesla. A Polymarket contract for “S&P 500 Up or Down on October 21?” showed a 68% chance of a higher open for that next session. Traders weighed tech strength against resurging energy prices and key inflation data. Futures gains included Nasdaq-100 up 0.62%, S&P 500 futures up 0.24%, and Dow futures up 0.04%, while Russell 2000 futures slipped 0.16%. Energy markets reacted to renewed Middle East tensions tied to Iran and Pakistan, with Brent up 1.45% to $110.37 and WTI up 1.48% to $99.27 per barrel.