Stock futures were mixed in premarket trading on Tuesday before the start of a holiday-shortened trading session.

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The S&P 500 and the Dow fell on Monday in holiday-thinned trading after a stopgap government funding bill averted a U.S. government shutdown and investors braced for a slower pace of rate cuts from the Federal Reserve next year.

Wall Street's major market indices have kicked off the holiday-shortened trading week on a negative note as investors ready themselves for the 2025 trading year. As the trading day progresses, the financial community has seen a downward shift in the blue-chip Dow (DJI) as the index dipped 0.