[MARKET UPDATE] Muted reopen of futures trading with US index futures taking a breather after Monday's rebound, while ASX 200 (+0.7%) is buoyed on return from the extended weekend

Muted reopen of futures trading with US index futures taking a breather after Monday's rebound, while ASX 200 (+0.7%) is buoyed on return from the extended weekend.

Today’s futures trading is quiet, with US index futures pausing after a rebound on Monday, indicating some profit-taking or a lack of compelling catalysts for further movement. Meanwhile, the ASX 200 is showing strength, up 0.7%, likely reflecting positive sentiment following the extended weekend, but broader participation in the US markets remains subdued.