Stock Market: Will S&P 500 Open Up or Down Today?

U.S. stock futures are broadly lower early Tuesday as Wall Street returns from the long Labor Day weekend, facing historical post-holiday headwinds and surging oil prices.

The Polymarket (CRYPTO: POL) crowd is leaning heavily bearish for the Sept. 8 trading session, with the “S&P 500 (SPX) Up or Down on September 8?” contract reflecting just a 28% chance of a higher open.

Traders are navigating a historically difficult trading day alongside massive geopolitical pressures: Post-Labor Day Slump: History is weighing heavily on trader sentiment, as the Tuesday immediately following Labor Day has seen a decline for the Dow, S&P 500, and Russell 2000 for nine consecutive years.

Lower Index Futures: Equity futures reflect this pessimistic seasonality. Dow Jones futures dropped 0.77%, S&P 500 futures fell 0.24%, and Russell 2000 futures slipped 0.49%, though Nasdaq 100 futures manage...