U.S. Stock Futures Slip as AI-Fueled Rally Loses Steam
U.S. stock futures edged lower early Thursday, signaling a pause in the recent rally driven by artificial intelligence and tech stocks. Nasdaq 100, S&P 500, and Dow Jones Industrial Average futures dipped 0.42%, 0.28%, and 0.24%, respectively, as investor enthusiasm over valuations cooled.
Wednesday's session saw gains across major indexes, with the Nasdaq Composite leading at 0.65%. Strong earnings from McDonald's and robust services sector data provided tailwinds. The Supreme Court's deliberation on Trump-era tariffs remains unresolved, leaving trade policy implications hanging.