Nasdaq-100 futures pulled back after reaching a high of 30,074, setting up for a slightly lower close despite early gains. Earnings reports from SpaceX and AMD beat surface expectations, but high market positioning led to stock declines that dragged futures lower. Meanwhile, soft U.S. labor data—highlighted by ADP private payrolls adding just 44,000 jobs and ISM Services employment slipping into contraction—pushed back rate hike expectations, keeping market focus firmly on Friday's non-farm payrolls report.