Stock futures were little changed on Wednesday evening as investors grew less wary of eye-watering AI valuations and were encouraged by the tone of a Supreme Court hearing on President Donald Trump’s sweeping tariffs.
S&P 500 futures ticked up 0.1%, while Nasdaq 100 futures were trading down about 0.1%. Futures tied to the Dow Jones Industrial Average added 7 points, or 0.01%.
Investors increasingly expect the Supreme Court to rule against the Trump administration’s aggressive trade policy after high court justices on Wednesday expressed some skepticism about the trade taxes’ legality at a hearing in Washington. The potential ruling would trigger a rollback of the president’s tariffs, likely pushing stocks higher.
AI-linked equities have also begun rebounding from valuation concerns that swirled earlier this week—another potential boon for the major indexes.
Advanced Micro Devices
