Stock futures mixed as tech stocks look to extend recovery
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Stock index futures were mixed on Friday as technology stocks looked to extend their recovery after a difficult week.
Dow futures (INDU) +0.19%, S&P 500 futures (SPX) +0.16%, and Nasdaq futures (US100:IND) -0.015%.
A pullback in artificial intelligence-related stocks has weighed on the broader market this week, with memory chip stocks among the hardest-hit segments as investors reassessed the sector's recent performance.
On the economic calendar, investors will monitor import and export prices and industrial production data.
The 2-year Treasury yield (US2Y) rose 0.4 basis points to 4.75%, the benchmark 10-year Treasury yield (US10Y) rose 1.7 basis points to 5.09%, and the 30-year Treasury yield (US30Y) rose 2.6 basis points to 5.44%.
Among S&P 500 stocks, Equifax +7.25%, Reddit +7.24%, Fair Isaac +6.99%, International Paper +6.90%, and AppLovin +6.52%.
Hewlett Packard Enterprise -7.10%, Dell Technologies -6.80%, Everpure -5.72%, Arista Networks -5.04%, and Williams Companies -4.92%.
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