FX.co ★ US Futures Steady After Positive Session

U.S. stock futures remained mostly stable on Thursday following gains from the major indices in the prior session, as investors took advantage of market dips. The mood in the market improved due to stronger-than-expected private payroll figures and optimism surrounding the possibility that the U.S. Supreme Court might oppose the Trump administration's stringent trade policies. During Wednesday’s regular trading session, the Dow Jones Industrial Average increased by 0.48%, the S&P 500 rose by 0.37%, and the Nasdaq Composite Index advanced by 0.65%. Stocks associated with artificial intelligence showed some recovery from earlier valuation concerns, with AMD rising by 2.5% on favorable third-quarter results, while Micron Technology and Broadcom increased by 8.9% and 2%, respectively. Conversely, SMCI experienced a decline of 11.3% following a disappointing outlook. In after-hours trading, Snap saw an impressive surge of over 14% after revealing a $500 million share buyback and projecting strong fourth-quarter guidance, while Arm Holdings increased by 3% upon surpassing earnings and revenue forecasts.