U.S. Stock Futures Trade Mixed Ahead of Big Tech Earnings, Fed’s Interest Rate Decision - Jan 27 2026

U.S. stock futures traded mixed on Tuesday morning ahead of Big Tech earnings and the Federal Reserve’s interest rate decision this week. Futures on the Nasdaq 100 (NDX) and the S&P 500 (SPX) were up 0.60% and 0.23%, respectively, while those on the Dow Jones Industrial Average (DJIA) were down 0.53% at 8:30 a.m. EST on January 27.

During Monday’s regular trading, the three major indexes closed higher, lifted by gains in Meta Platforms META +2.06% ▲ , Apple AAPL +2.97% ▲ , and Microsoft MSFT +0.93% ▲ , as investors await their quarterly results. The Dow Jones and the S&P 500 gained 0.64% and 0.50%, respectively, while the Nasdaq Composite advanced 0.43%.

Turning to trending stocks, shares of major health insurers, including UnitedHealth UNH -1.30% ▼ , CVS Health CVS +1.04% ▲ , and Humana HUM -1.08% ▼ , plunged after the Centers for Medicare & Medicaid Services (CMS) proposed a Medicare Advantage payment increase of just 0.09% for 2027, far below the 4% to 6% hike analysts had anticipated. Shares of UNH, CVS, and HUM fell 15.3%, 12.3%, and 15.6%, respectively, in pre-market trading.

General Motors GM -0.31% ▼ stock was up about 3.5% in pre-market trading, after the automaker reported upbeat Q4 2025 earnings and issued a strong 2026 outlook. In contrast, Boeing BA -1.48% ▼ stock trended lower by 1.5% even after the defense and aerospace company reported better-than-expected Q4 2025 results. Shares of United Parcel Service UPS -0.94% ▼ were up about 2% after the logistics company reported better-than-expected Q4 results.