FX.co ★ US Futures Steady After Upbeat Session

On Friday, U.S. stock futures remained relatively stable after Wall Street experienced modest gains during Wednesday's light trading, which was shortened due to a holiday. Dow futures saw a slight increase of 0.02%, while the S&P 500 and Nasdaq 100 futures remained largely unchanged. In Wednesday's regular trading session, U.S. stocks rose for the fifth consecutive day. The S&P 500 appreciated by 0.4%, and the Dow increased by 0.7%, both reaching record levels, while the Nasdaq 100 went up by 0.3%. Investors are keenly observing current economic indicators to shape their expectations for next year's earnings, especially following GDP growth figures that surpassed forecasts, marking the highest rate in two years. Meanwhile, a decline in initial jobless claims has spurred optimism about potential shifts in interest rate policies. On the downside, the tech sector faced some underperformance due to ongoing worries about inflated AI-related capital spending. Specifically, Intel shares dropped by 0.5% after reports surfaced about Nvidia halting a test involving Intel's equipment for advanced chips.