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The Nasdaq and the S&P 500 were both down around midday Tuesday, while the Dow Jones Industrial Average was relatively flat as traders parsed newly released economic data.

The Institute for Supply Management's US services index rose to a reading of 54.1 in December from 52.1 in November, compared with expectations for a smaller increase to a reading of 53.5 in a survey compiled by Bloomberg.

US job openings rose to 8.098 million in November according to the Bureau of Labor Statistics, above the 7.74 million openings expected in a survey compiled by Bloomberg and up from the 7.839 million openings reported in October. The November level represents 4.8% of total employment, up from 4.7% in October, but down from 5.4% a year earlier.

In equities, Nvidia shares were down 5% around midday Tuesday, retreating from the record closing high of $149.43 in the previous session. The company unveiled late Monday a personal supercomputer featuring its new GB10 chip, providing access to its Grace Blackwell platform for artificial intelligence researchers, data scientists and students.

Meta Platforms named three new directors, including Dana White, president and chief executive of TKO Group Holdings' Ultimate Fighting Championship and a supporter of US President-elect Donald Trump. In other news about the social media giant, Meta Platforms said it will end its fact-checking program in the US and replace it with a Community Notes model. The company's shares were down 2% in recent Tuesday trading.

Apple executives held talks with Indonesia's industry minister to discuss a potential investment required to lift the country's ban on iPhone 16 sales, Reuters reported Tuesday, citing the minister, Agus Gumiwang Kartasasmita. Apple shares were down 0.6%.

UniFirst shares rose 18% in recent Tuesday trading after the company said its board received and rejected Cintas' unsolicited and "highly conditional" offer to acquire all outstanding class B UniFirst shares for $275 per share. Cintas shares were up 2.8%.

Getty Images and Shutterstock said Tuesday they have signed a merger deal to form a combined entity valued at about $3.7 billion. Shares of Getty jumped 23% and Shutterstock added 20%.

Technology stocks were edging higher pre-bell Tuesday with the Technology Select Sector SPDR Fund advancing by 0.3% and the SPDR S&P Semiconductor ETF up 0.8% recently.

Getty Images Holdings and Shutterstock said they have signed a merger deal to form a combined entity valued at about $3.7 billion. Getty shares were up over 45% and Shutterstock shares rose 24% premarket.

Logitech G's Streamlabs said it is collaborating with Nvidia and Inworld AI to create an AI-powered streaming assistant designed to simplify live streaming. Logitech International shares were up over 3% pre-bell.

United Microelectronics said its December revenue increased by 11.7% to 18.97 billion New Taiwan dollars ($580.1 million). United Microelectronics shares fell by more than 2% premarket.

US equity futures were flat ahead of Tuesday's opening bell, with investor sentiment stabilizing after a rally in technology stocks.

The Dow Jones Industrial Average futures rose 0.3%, S&P 500 futures increased 0.2%, while Nasdaq futures flatlined.

Technology stocks got a boost Monday after Microsoft President Brad Smith unveiled Friday the company's plan to invest $80 billion in fiscal 2025 to build artificial intelligence-enabled data centers.

Oil prices were higher, with front-month global benchmarks North Sea Brent crude up 0.8% at $76.92 per barrel and US West Texas Intermediate crude 0.6% higher at $74.02 per barrel.

US trade deficit, released at 8:30 am ET, widened to $78.19 billion in December from $73.62 billion in the prior month, compared with estimates compiled by Bloomberg for a $78.3 billion gap.

The Institute for Supply Management Services index, due at 10 am ET, is seen rising to 53.5 in December from 52.1 previously. Forecasters see job openings based on the US Department of Labor's Job Openings and Labor Turnover Survey dropping to 7.73 million in November from 7.74 million previously.

In other world markets, Japan's Nikkei closed 2% higher, Hong Kong's Hang Seng ended 1.2% lower, and China's Shanghai Composite finished 0.7% higher. Meanwhile, the UK's FTSE 100 fell 0.1%, and Germany's DAX index gained 0.6% in Europe's early afternoon session.

In equities, shares of Getty Images were 46% higher pre-bell after the company agreed to merge with Shutterstock to form a combined entity valued at about $3.7 billion. Shutterstock was up 28%.

On the losing side, Tesla shares fell 1.9% after the US National Highway Traffic Safety Administration launched investigations into the company's vehicle movement technology over alleged safety issues.

MultiSensor AI shares climbed 97% pre-bell after the company said late Monday that Peter Baird has been named chief commercial officer and Robert Nadolny chief financial officer.

Getty Images shares rallied 54% after the company agreed to merge with Shutterstock to form a combined entity valued at about $3.7 billion. Shutterstock was up 29%.

Aurora Innovation shares rose 40% after the company said late Monday it formed a strategic collaboration with Continental and Nvidia (NVDA) to deploy driverless trucks at scale.