Stock Market Today: Dow Jones, S&P 500, Nasdaq 100 Futures Trade Mixed After Post-Midterm Rally

U.S. stocks were mixed on Thursday as the Dow Jones, S&P 500, and Nasdaq 100 index futures diverged following Wednesday's higher close. Iran's security chief Mohsen Rezaei said on Wednesday that Tehran had inflicted a political defeat on President Donald Trump, portraying the Republican's losses in the midterm elections as another consequence of Washington's war with Iran. Axios reported on Wednesday that the US military is wrapping up preparations for a potential return to major combat operations in Iran, including deploying additional military assets to the region. Qatar is attempting to secure Washington and Tehran's backing for a draft agreement that could prevent renewed fighting and potentially restart direct negotiations in the coming days. Meanwhile, the 10-year Treasury bond yielded 4.87%, And the two-year Treasury bond yielded 4.58% at the last check. The CME Group's FedWatch tool projections show markets pricing in a 79.4% likelihood of the Federal Reserve hiking interest rates after its December meeting. The SPDR S&P 500 ETF Trust, the Invesco QQQ Trust ETF, And the SPDR Dow Jones Industrial Average ETF Trust were mixed in pre-market trading on Thursday. The SPY was up 0.026% at $767.01. The QQQ declined 0.57% to $688. And the DIA rose 0.49% to $535.72. Stocks in focus for today are... Toyota Motor was 8.07% higher in pre-market trading on Thursday after it declared an interim dividend of 32 cents per share, 50 yen, versus 28 cents per share, 45 yen, a year earlier, and said it maintained its full-year dividend forecast at 63 cents per share, 100 yen. Arm Holdings was 3.41% lower in pre-market trading on Thursday despite beating second quarter estimates. It reported earnings of $0.52 per share on revenue of $1.44 billion. Qualcomm was 9.83% lower in pre-market trading on Thursday after it reported fourth quarter 2026 earnings of $2.17 per share on revenue of $10.32 billion, beating estimates. Palo Alto Networks was 1.28% lower in pre-market trading as it is reportedly negotiating the acquisition of Israeli cybersecurity startup Clutch Security for approximately $500 million. This acquisition would be Palo Alto's fifth announcement of the year as it aims to enhance its product offerings in response to emerging AI-related security threats. Airbnb was 0.39% lower in pre-market trading on Thursday, As analysts expect third quarter 2026 earnings of $2.85 per share on revenue of $4.75 billion after the closing bell. Thank you for watching and make sure to subscribe.