U.S. Stock Futures Edge Higher After Tech-Led Selloff
U.S. stock futures crept upward Thursday evening, signaling a tentative rebound following a broad market decline driven by weakness in major technology stocks. Nasdaq 100, Dow Jones Industrial Average, and S&P 500 futures all posted modest gains between 0.16% and 0.2% after the closing bell.
The recovery attempt comes after a punishing session that saw the Nasdaq Composite plunge 1.9%, with the S&P 500 and Dow Jones dropping 1.1% and 0.8% respectively. Growing investor skepticism about stretched AI valuations and market concentration has left all three major indices in negative territory for the week.
Market participants now turn their attention to Friday's University of Michigan Consumer Sentiment Index release - a critical gauge of American economic confidence that could set the tone for near-term equity performance.
