United States stock futures slipped modestly on Thursday evening (Friday AEST), although the S&P 500 and Nasdaq Composite remained on track to post weekly gains following a rally in technology shares.
As of 10:10 am AEST (12:10 am GMT), Dow Jones futures, S&P 500 futures and Nasdaq 100 futures were each down around 0.1%.
The subdued futures trade followed a positive session on Wall Street, where the Nasdaq Composite climbed 1.3%, the S&P 500 advanced 0.8%, and the Dow Jones Industrial Average added 0.3%.
Equities were supported by falling oil prices after U.S. President Donald Trump said Iran had reached out seeking renewed negotiations.
Officials from Qatar and Pakistan also told MS Now they were working to bring Washington and Tehran back to the negotiating table, easing concerns over a broader Middle East conflict.
Technology stocks remained a key driver of the market, with semiconductor shares extending their gains as investors continued to bet that strong earnings and sustained artificial intelligence demand will broaden the market rally beyond the mega-cap technology names.
Attention is also turning to the highly anticipated U.S. listing of SK Hynix. According to Bloomberg, citing a person familiar with the matter, the South Korean memory-chip maker plans to price its American Depositary Receipts at US$149 each.
Later in Friday's U.S. session, investors will also focus on the start of the earnings season, with Delta Air Lines scheduled to report its second-quarter results.
