Dow, S&P 500, Nasdaq futures rise ahead of Google earnings

Dow, S&P 500, Nasdaq futures rise ahead of Google earnings

US stock futures edged higher on Wednesday as Wall Street eyed a shift out of high-flying technology stocks and a funding deal to end the partial US government shutdown.

Dow Jones Industrial Average futures (YM=F) and S&P 500 futures (ES=F) were both up roughly 0.3%. Contracts on the Nasdaq 100 (NQ=F) (YM=F) inched up 0.2%, after AI worries helped fuel losses across the board on Tuesday.

Technology stocks bore the brunt of the selling. Nvidia (NVDA) and Microsoft (MSFT) each declined more than 2%, while other AI–linked names such as Broadcom (AVGO), Oracle (ORCL), and Micron (MU) also finished lower. Overall, the tech sector posted losses in the S&P 500 of more than 2%.

Following a chaotic day, extended trading saw a number of big-name stocks build on regular-session losses. Chipotle (CMG) shares tumbled nearly 7% after the restaurant chain reported another quarter of declining customer traffic and warned that same-store sales growth could stall in 2026. Advanced Micro Devices (AMD) slid more than 7% as investors reacted negatively to its first-quarter outlook.

Investors are turning their attention to a busy stretch of earnings, with Alphabet (GOOG) set to report Wednesday and Amazon (AMZN) scheduled to release results on Thursday.

LIVE 2 updates

  • Indian tech stocks plunge as Anthropic AI tools spark workforce concerns

    Reuters reports:

    Read more here.

  • Nvidia reportedly nearing end to $20 billion investment deal into OpenAI

    Bloomberg reports:

    Read more here.

Source link