Stock market today: Dow futures rise ahead of tariff case, Musk compensation vote

Group 1: Market Overview - Futures tied to the Dow Jones industrial average rose 107 points, or 0.22%, while S&P 500 futures were up 0.28% and Nasdaq futures added 0.30%, indicating a positive market sentiment ahead of significant events [1] - The yield on the 10-year Treasury fell 1.8 basis points to 4.083%, and the U.S. dollar increased by 0.06% against the euro and 0.16% against the yen, reflecting currency market dynamics [1] Group 2: Commodities - Gold prices dipped 0.11% to $3,992 per ounce, while U.S. oil futures rose 0.64% to $61.37 a barrel, and Brent crude climbed 0.62% to $65.17 as OPEC+ indicated a pause in production increases for the next year [2] Group 3: Legal and Regulatory Developments - The Supreme Court is set to hear arguments regarding President Trump's use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs related to the fentanyl trade, with lower courts having ruled against him [2][3] - Treasury Secretary Scott Bessent expressed optimism about the Supreme Court ruling in favor of the administration, citing China's export curbs on rare earths as a significant concern for various industries [3] Group 4: Tesla's Compensation Plan - Tesla shareholders will vote on Elon Musk's $1 trillion compensation package at the annual meeting, with Chairwoman Robyn Denholm emphasizing the need for the package to retain Musk's leadership and prevent significant value loss for the company [4][5] - If approved, Musk could receive over 420 million Tesla shares contingent on achieving ambitious growth targets, including the delivery of 20 million vehicles and 1 million robotaxis [5] - Musk indicated that the compensation proposal is about maintaining influence over Tesla's future developments, particularly in artificial intelligence and robotics [6] Group 5: Political Landscape and Economic Data - Upcoming elections in New York City, New Jersey, and Virginia may influence the political landscape in Washington, potentially leading to a resolution of the government shutdown and the resumption of economic data releases [6][7] - The reopening of the government would allow for the flow of economic data, which is currently limited to private-sector sources [7]