United States stock futures were little changed on Thursday night (Friday AEST) after the Dow Jones Industrial Average reclaimed the 50,000 mark while the S&P 500 and Nasdaq each refreshed record highs, with investors continuing to monitor developments from the ongoing U.S.-China summit.
By 10:20 am AEST (12:20 am GMT), Dow futures and S&P 500 futures were both down 0.1%, while Nasdaq 100 futures were broadly flat.
In extended trading, Cerebras Systems rose 6.1%, extending gains following the company’s Nasdaq debut. The artificial intelligence chipmaker surged 68% during Thursday’s regular trading session.
Shares in collaborative design platform Figma jumped 11.7% after the company reported first-quarter earnings per share (EPS) of $0.10, ahead of expectations for $0.06. Revenue came in at $333.44 million, above forecasts of $316.02 million.
Meanwhile, CNBC reported that SpaceX is preparing to disclose its prospectus as early as next week after confidentially filing for an initial public offering in April.
Wall Street closed higher in Thursday’s session, with both the S&P 500 and Nasdaq Composite ending at fresh record highs.
The S&P 500 advanced 0.8%, while the Nasdaq climbed 0.9%. The Dow Jones Industrial Average gained 0.8%, reclaiming the 50,000 threshold.
U.S. equities have continued their strong rally amid renewed enthusiasm surrounding artificial intelligence-related companies.
However, some investors are becoming increasingly cautious as gains remain heavily concentrated among major technology stocks, raising concerns about the broader market’s underlying strength.
Market participants are also focused on the outcome of the U.S.-China summit, which concludes on Friday. Discussions between the two nations have covered trade, tariffs, Iran and Taiwan.
