Although the Nasdaq and S&P 500 closed higher Monday, more than 300 stocks in the broad-market index closed in the red, adding to concerns about weak breadth.
Stock futures are little changed Monday night after the S&P 500 and Nasdaq Composite
closed higher on the back of continued enthusiasm around the artificial intelligence trade.
Futures tied to the Dow Jones Industrial Average
slipped 23 points, or 0.05%. S&P futures
were essentially flat, while Nasdaq 100 futures
The Nasdaq Composite on Monday had its best day since May, with a roughly 2.3% gain, as investors bought the dip in AI names…
The moves followed a choppy week in which valuation fears, a rotation within the market and a recalibration of Fed rate cut…
Stock futures were little changed on Wednesday as investors' jitters over AI stock valuations improved.
Questions remain on whether the AI trade can continue powering U.S. equities given the risks tied to elevated market valuations.
Key artificial intelligence leaders lost steam on Thursday, weighing on the broader market.
The broad market index hit a record intraday high on Thursday.
