Stock index futures mixed after Nasdaq takes a hit on AI spending fears
FilippoBacci
Stock index futures were mixed on Friday, a day after a technology sell-off pushed the Nasdaq sharply lower.
Dow futures (INDU) -0.38%, S&P 500 futures (SPX) -0.06%, and Nasdaq futures (US100:IND) +0.18%.
The stock market ended lower on Thursday as technology stocks lagged on renewed worries about artificial intelligence expenditures.
On the economic calendar, investors will monitor the PMI Composite Flash and Consumer Sentiment reports for fresh signals on business activity and consumer confidence.
The 2-year Treasury yield (US2Y) rose 2.5 basis points to 4.67%, the benchmark 10-year Treasury yield (US10Y) rose 2.5 basis points to 4.98%, and the 30-year Treasury yield (US30Y) rose 1.9 basis points to 5.30%.
Among S&P 500 stocks, Crown Castle +9.46%, SBA Communications +7.07%, American Tower +4.28%, Omnicom Group +2.89%, and F5 +1.97%.
Deckers Outdoor -6.94%, Bloom Energy -6.86%, Western Digital -6.49%, Comfort Systems USA -5.81%, and DaVita -4.83%.
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