S&P 500 futures are little changed after index ends four-day losing run: Live updates

Stock futures were small changed Thursday nighttime aft large U.S. indexes closed higher, buoyed by chill ostentation data.

S&P 500 futures slipped 0.06%, portion Nasdaq 100 futures mislaid 0.08%. Futures tied to the Dow Jones Industrial Average mislaid 91 points, oregon astir 0.2%.

A 10% diminution successful Nike shares weighed connected Dow futures, arsenic the sports apparel elephantine saw gross successful its Greater China marketplace diminution during the fiscal 2nd quarter. The institution is besides forecasting a deed to gross margins owed to tariffs.

The S&P 500 and the Dow some snapped their four-day losing streaks successful the erstwhile session. The tech-heavy Nasdaq Composite besides rose, gaining 1.4%, arsenic respective tech stocks recouped losses from the time before.

Stocks connected Thursday roseate aft a lighter-than-expected ostentation speechmaking from November's user terms scale report and gains successful the market's tech leaders. The CPI information — which reflected a 2.7% year-over-year leap successful user prices, little than expected — gave investors anticipation that the Federal Reserve volition little involvement rates successful 2026. To beryllium sure, immoderate economists warned that the methodology utilized successful the information merchandise — which was the archetypal CPI study since the authorities shutdown this autumn — could pb to a reacceleration successful December's ostentation report.

Shares of big-name tech stocks and chipmakers besides roseate passim the time aft Micron Technology gave robust guidance for revenues successful the existent quarter, saying that "demand is substantially higher than proviso for the foreseeable future." The results reassured investors aft caller sessions were swamped with jitters implicit the artificial quality trade. Each of the Magnificent Seven stocks closed Thursday successful the green.

To beryllium sure, semiconductor stocks remain astir 8% below their highs.

"The value and timing of the returns connected AI concern stay uncertain," Magdalena Ocampo, marketplace strategist astatine Principal Asset Management, wrote successful a enactment to clients. "However, monetary easing, fiscal policy, and easing commercialized uncertainty, combined with AI spending arsenic a caller maturation engine, constituent to a much favorable macro backdrop successful 2026. The effect could beryllium an equity rally that expands from conscionable a fistful of ascendant AI leaders to a broader group, peculiarly those with tangible gains from AI adoption."

This week, the S&P 500 and 30-stock Dow are down astir 0.8% and 1%, respectively. The Nasdaq is down 0.8% week to date.

Friday could spot volatile marketplace enactment arsenic options connected 4 types of securities are acceptable to expire connected the aforesaid day, an lawsuit known arsenic "quadruple witching." More than $7.1 trillion successful notional options vulnerability is acceptable to expire this Friday, making it the largest options expiration connected record, according to Goldman Sachs.