US futures linger at all-time highs while cryptos hit new records, as Fed rings alarm on market risks

US futures linger at all-time highs while cryptos hit new records, as Fed rings alarm on market risks

US stock futures were little changed and traded around record highs Tuesday after a stellar rally, even as the Federal Reserve sounded the alarm on high asset prices. Cryptocurrencies such as and scaled new heights as investors continued to plow back into digital assets. and were roughly flat Tuesday, while futures were up 0.17%. The S&P 500, the benchmark US equity index, rose to its in a row on Monday - the longest such streak since 1997. Global stocks wobbled in September, but have powered higher again due to a range of factors. In the US, third-quarter company earnings season has been a strong one, with little sign that supply chain problems or strong inflation are hurting major companies. Meanwhile, the Federal Reserve has signaled it will be cautious about raising interest rates. "Robust demand is making it easier for companies to handle cost pressures," said Mark Haefele, chief investment officer at UBS Global Wealth Management, in a note Tuesday. "Logistics, energy, and labor costs are all headwinds to varying degrees. But for the average company, these are not strong enough to crimp profit margins." Investors watching inflation will get the October producer price index reading later Tuesday, ahead of