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US Futures Steady After Christmas Break

U.S. stock futures were little changed on Friday, following Wall Street’s modest gains and thin trading on Wednesday during a holiday-shortened session. Dow futures edged up 0.02%, while the S&P 500 and Nasdaq 100 futures were little changed. In regular trading on Wednesday, US stocks advanced for a fifth straight session, with the S&P 500 rising 0.4% and the Dow gaining 0.7%, both at record highs, while the Nasdaq 100 climbed 0.3%. Investors are keeping their focus on current economic data to guide their earnings outlook for the upcoming year, following the GDP growth that exceeded expectations, the highest in two years. Meanwhile, initial jobless claims fell, raising hopes of a shift in interest rate decisions. Tech giant underperformed amid lingering concerns of exaggerated AI capital expenditure, with Intel falling0.5%, after reports that Nvidia halted a test that would use Intel equipment for advanced chips.

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