The S&P 500 finished little changed on Thursday as investors rotated out of technology stocks despite a blockbuster earnings report from Micron Technology Inc.
(NASDAQ:MU), with Polymarket traders turning cautious ahead of Friday's opening bell.
The S&P 500 slipped 0.01% to close at 7,357.49.
Polymarket's June 26 contract now implies just a 40% probability that the benchmark index will open higher on Friday.
Why That Number Matters The latest bout of weakness suggests investors are becoming increasingly concerned about the rising costs of artificial intelligence infrastructure rather than demand for AI itself.
