Stock market today: live updates

Stock futures fell Tuesday evening after the S&P 500 posted its first consecutive loss since early September.

Futures linked to the broad market index lost almost 0.2%. Dow futures slipped 159 points or 0.4% Nasdaq 100 futures fell by 0.2%.

In after-hours action, McDonald’s fell by about 7%. The U.S. Centers for Disease Control and Prevention said an E. coli outbreak linked to the fast food giant’s Quarter Pounder burgers has resulted in 10 people being hospitalized and one death had occurred. Starbucks fell about 4% after the coffee chain reported preliminary quarterly results showing its sales fell again.

In regular trading it is S&P 500 and the Dow Jones Industrial Average both saw small declines. The Nasdaq Compositehowever, rose by about 0.2%.

The Yield on 10-year government bonds has recently been on the upswing, briefly exceeding the 4.2% mark on Tuesday and keeping shares under pressure.

Robust economic data and deficit concerns are among the factors driving the rise in the 10-year Treasury yield despite a half-percentage point interest rate cut by the Federal Reserve in September. Traders are also growing concerned that central bank policymakers may be less inclined to cut interest rates, even though the Fed had forecast another half-percentage point cut before the end of the year.

According to Jeff deGraaf, head of technical research at Renaissance Macro Research, the environment for stocks is certainly still positive.

“The trends are still positive and we don’t have a lot of momentum in the short term, but this is by no means the end of the world,” he said on CNBC’s “Closing Bell” on Tuesday. “In fact, this often leads to a good constellation because it is a consolidation.”

“Historically, if you invest today, the next three months are never better than the end of October,” deGraaf added.

A number of notable names will announce their results on Wednesday. AT&T, Coca Cola And Boeing are on deck before the bell, during Tesla And IBM will report results after closure.