Traders work during EvoMune Inc.’s initial public offering (IPO) at the New York Stock Exchange (NYSE) on Thursday, November 6, 2025, in New York, USA.
Michael Nagle | Bloomberg | Getty Images
Stock futures rose slightly on Thursday night as U.S. stocks continued to fall as the market’s biggest technology stocks fell.
Futures linked to the Dow Jones Industrial Average 95 points, or about 0.2%, were added. S&P futures and Nasdaq 100 futures Each rose by about 0.3%.
Key leaders in artificial intelligence lost ground on Thursday, with the following names emerging. Nvidia, advanced micro device, tesla and microsoft This marked a significant decline, weighing on the overall market. Data that showed October’s layoffs reached the highest level for the month in more than 20 years, making 2025 the worst year for layoffs since 2009, also added to the decline in stocks.
The major U.S. stock averages ended lower in the pre-market session, with tech stocks taking center stage. Nasdaq Composite Notably, the Dow 30 ended the day down almost 400 points, down 1.9%.
Each of the three benchmark indexes has been in the red this week, with losses accumulating intermittently since Tuesday, when major AI stocks fell on concerns about rising valuations in the tech sector, which also contributes to the highly concentrated market. of S&P500 Week-to-date, stocks are down 1.8%, but 30 stocks are down 1.8%. Dow Jones Industrial Average During this period, the Nasdaq and Nasdaq fell nearly 1.4% and 2.8%, respectively.
To be sure, some market participants remain hopeful that the end of the long U.S. government shutdown and the possibility of a December interest rate cut by the Federal Reserve will ease the pain for U.S. stocks. Investors are also focused on the Supreme Court’s skepticism about the legality of President Donald Trump’s sweeping tariffs and the progress of third-quarter corporate earnings.
“There is still hope for a year-end rally once the government shutdown ends and the tariff situation is resolved,” said Louis Navellier, founder and chief investment officer at Navellier & Associates. “There are still two weeks until the all-important Nvidia earnings report, but any strength there could be a catalyst to reaffirm the AI story. If that is followed by a Fed rate cut in December, we could still see new highs at the end of the year.” “Corrections with such levels of gains are normal and expected and not something to panic about.”
Normally, the Bureau of Labor Statistics would release its nonfarm payrolls report on Friday. However, due to the government shutdown, this has been impossible for two consecutive months. Economists surveyed by Dow Jones had expected the report to result in a 60,000-job loss and a rise in the unemployment rate to 4.5%.
