Stock Market Today: Dow Slips, S&P 500 Futures Gain Amid Mixed Trade—Carvana, Confluent, Toll Brothers In Focus - SPDR S&P 500 (ARCA:SPY)

Market Overview - U.S. stock futures showed mixed fluctuations following Friday's market advance, with major benchmark indices experiencing varied changes [1] - The 10-year Treasury bond yielded 4.16%, while the two-year bond was at 3.58%, indicating investor sentiment ahead of the Federal Reserve's upcoming decisions [2] Stocks in Focus - Carvana Co. (NYSE:CVNA) saw an 8.81% increase after its inclusion in the S&P 500 index [6] - Confluent Inc. (NASDAQ:CFLT) surged by 31.59% amid reports of IBM nearing a $11 billion acquisition of the data software company [6] - Phreesia Inc. (NYSE:PHR) rose by 1.95% ahead of its earnings report, with analysts expecting earnings of 2 cents per share on revenue of $120.05 million [5] - Toll Brothers Inc. (NYSE:TOL) increased by 0.55%, with expectations of quarterly earnings at $4.89 per share on revenue of $3.30 billion [5] Economic Insights - Analysts highlight a contrast in the U.S. economy, noting strong consumer behavior against a deteriorating labor market, with concerns about weakening labor demand and rising wage insecurity [11] - Mohamed El-Erian emphasizes the Federal Reserve's policy decisions as a key market driver, particularly regarding interest rate cuts and their implications for financial stability [12] Upcoming Economic Data - Investors are focused on upcoming economic data releases, including the NFIB optimism index and the FOMC's interest rate decision, which could impact market sentiment [15]