Stock Market Today: S&P 500, Nasdaq Futures Drop Despite Senate Passing Resolution To Reopen Government—Nvidia, Paramount Skydance In Focus

Market Overview - U.S. stock futures declined following a rally on Monday, with major indices showing lower futures [1] - The bond market will be closed for Veterans' Day [1] Federal Reserve Outlook - The CME Group's FedWatch tool indicates a 63.7% probability of an interest rate cut by the Federal Reserve in December [2] Stock Performance - Nvidia Corp. (NASDAQ:NVDA) fell 1.31% after SoftBank sold its entire stake for $5.83 billion, despite maintaining a stronger price trend [6] - BigBear.ai Holdings Inc. (NYSE:BBAI) surged 20.32% after reporting revenue of $33.14 million, exceeding estimates of $31.82 million [6] - Rocket Lab Corp. (NASDAQ:RKLB) increased by 9.50% after posting revenue of $155.05 million, beating the consensus estimate of $151.75 million [6] - Paramount Skydance Corp. (NASDAQ:PSKY) gained 4.92% despite missing earnings, citing $1 billion in merger savings and announcing layoffs affecting 1,600 employees [12] - LivePerson Inc. (NASDAQ:LPSN) rose 12.79% after better-than-expected results and an increase in FY25 sales guidance [12] - Outset Medical Inc. (NASDAQ:OM) dropped 25.68% after reporting disappointing financial results and cutting FY25 sales guidance [12] Sector Performance - On Monday, sectors such as consumer discretionary, communication services, and information technology saw the largest gains, while consumer staples and real estate closed lower [8] Economic Insights - Professor Jeremy Siegel highlighted significant uncertainty in the economy due to the ongoing government shutdown, which could impact Q4 GDP by 1.5 to 2 percentage points [10] - Siegel noted that financial markets are not complacent, with volatility metrics indicating hedging among market participants [11]