Traders work on the floor of the New York Stock Exchange.
new york stock exchange
Stock futures were little changed Thursday night after major U.S. indexes ended higher on the back of solid inflation data.
S&P500 futures While trading near the flatline, Nasdaq 100 futures It decreased by 0.1%. futures tied to Dow Jones Industrial Average It fell 86 points (0.2%).
In extended trading, nike The sports apparel giant’s stock price fell 10% as its revenue in the Greater China market fell in the second quarter of its fiscal year. The company is also feeling the pain of the tariff hike, pointing to the hit to its gross profit from the tariff hike.
of S&P500 and Dow Both ended their four-day losing streaks in the previous session. of Nasdaq Composite Stocks also rose, rising 1.4% as several tech stocks recouped losses from the previous day.
Stocks rose on Thursday after the November Consumer Price Index report showed weaker-than-expected inflation and gains for the market’s tech leaders. The CPI data reflected a 2.7% year-over-year rise in consumer prices, which was lower than expected, but gave investors hope that the Federal Reserve would cut interest rates in 2026. Indeed, some economists have warned that the methodology used in the data release, the first CPI report since the government shutdown this fall, could lead to a reacceleration of inflation in the December inflation report.
Share prices of well-known high-tech stocks and semiconductor manufacturers also rose throughout the next day. micron technology He gave a solid outlook for revenue this quarter, saying, “Demand continues to significantly outpace supply for the foreseeable future.” The results reassured investors after recent trading was filled with uncertainty surrounding artificial intelligence trading. The Magnificent Seven stocks closed in the green on Thursday.
To be sure, semiconductor stocks are still about 8% off their highs.
“The significance and timing of returns from AI investments remain uncertain,” Magdalena Ocampo, market strategist at Principal Asset Management, said in a note to clients. “However, monetary easing, fiscal policy, and easing trade uncertainty, combined with AI spending as a new growth engine, suggest a more favorable macro environment in 2026. As a result, stock gains could extend from a small handful of dominant AI leaders to a broader group, especially those reaping tangible benefits from AI adoption.”
This week, the S&P 500 and Dow 30 stock indexes fell about 0.8% and 1%, respectively. The Nasdaq is down 0.8% since the beginning of the week.
On Friday, options on four types of securities are scheduled to expire on the same day, an event known as “quadruple witching” that could destabilize the market. More than $7.1 trillion in notional option exposures are set to expire this Friday, the largest option expiry ever, according to Goldman Sachs.
