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S&P 500 futures are little changed as index heads for losing week: Live updates

Friday 16 October01:13 · 2h agoAI summary
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U.S. stock futures were little changed as traders weighed a week of losses in technology shares and AI-linked names. Asian markets opened higher, while the S&P 500 and Nasdaq were still down week to date.

01Summary

  1. 01S&P 500 futures traded just below the flatline on Thursday, while Nasdaq-100 futures were off 0.3% and Dow futures added 10 points.
  2. 02The S&P 500 rose about 0.3% on Thursday, the Nasdaq Composite gained about 0.1%, and the Dow jumped more than 500 points, or around 1.1%.
  3. 03The S&P 500 is down nearly 1% for the week and the Nasdaq has fallen more than 2%, while the Dow is on track for a roughly 1% weekly gain.
  4. 04Micron Technology is on pace for a decline of more than 9% this week, while CoreWeave is heading for a 15% weekly loss.
  5. 05Anthropic told investors its third-quarter revenue is $16.8 billion, as traders watch whether AI growth can support chipmakers' gains.

02Why it matters

The moves show whether the recent sell-off in technology and AI shares is easing or deepening. That matters because it is shaping the direction of the wider U.S. market and investor sentiment into the end of the week.

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Answers are generated by AI from the story summary; they are not investment, health or legal advice.

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