Nasdaq, S&P 500 Futures Rise, But Dow Slips

U.S. stock futures edged higher on Thursday as investors looked for a rebound, digesting earnings from a trio of megacap tech companies while awaiting Apple’s results for further insight into Big Tech’s outlook, Karen Friar reported for Yahoo Finance.

Futures contracts on the tech-heavy Nasdaq 100 rose 0.5%. I Photo: Sami Keinänen Flickr

Futures contracts on the tech-heavy Nasdaq 100 rose 0.5%, while S&P 500 futures moved up 0.3%. Meanwhile, Dow Jones Industrial Average futures (YM=F) were little changed following a losing day on Wall Street.

After the Federal Reserve kept interest rates unchanged as expected, investors turned their focus to earnings reports—particularly the first wave of results from the "Magnificent Seven" companies that have been driving broader stock market gains.

Markets appeared to maintain confidence in Big Tech following earnings reports from Microsoft, Meta, and Tesla late Wednesday. Investors closely examined their rationale for massive AI investments, particularly after DeepSeek’s lower-cost AI model rattled expectations about future returns.

Tesla shares surged despite an earnings miss, as investors placed their trust in the company’s vow to return to growth in 2025.