US stock futures hovered near the flatline Tuesday evening following a muted day on Wall Street, as investors looked ahead to fresh signals on inflation and monetary policy.

Contracts linked to the Dow Jones Industrial Average (YM=F), the S&P 500 (ES=F) and the Nasdaq 100 (NQ=F) all hovered around the baseline.

During regular trading, the major benchmarks eked out modest gains. The S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC) each rose about 0.1%. The 30-stock Dow Jones Industrial Average (^DJI) added roughly 32 points, or just under 0.1%.

Technology shares, particularly in software, remained under pressure as investors continue to weigh the long-term impact of AI on business models and corporate competition. Business intelligence firm and bitcoin asset investor Strategy (MSTR) fell 3%, while cybersecurity firm CrowdStrike (CRWD) fell 3.6%.

Investors now turn their attention to the Federal Reserve’s January meeting minutes, due Wednesday, for additional insight into policymakers’ thinking. The week’s key macro event, however, arrives Friday with the release of the Personal Consumption Expenditures index.

On the corporate calendar, earnings from DoorDash (DASH), eBay (EBAY) and Analog Devices (ADI) are set for release Wednesday.

AP Finance reports:

California regulators said on Tuesday that Tesla (TSLA) had stopped misleading drivers about the safety of its cars and so has decided not to suspend its license to sell in the state for 30 days.

The decision by the California Department of Motor Vehicles comes after Elon Musk's electric vehicle maker was found by an administrative law judge last year to have misled drivers about the ability of Tesla cars to drive themselves in its use of the terms “Autopilot” and “Full Self-Driving.”

The judge had recommended that regulators suspend Tesla's license to sell cars for 30 days, but the regulators gave the company a 90-day window to make changes. They decided it had done that sufficiently to fix the deceptive marketing.

Tesla now uses the term “supervised” in references to its Full Self Driving and has stopped using Autopiolot in its marketing in the state.

Read more here.