United States stock futures were little changed on Tuesday night (Wednesday AEDT) after major U.S. equity benchmarks extended their declines, weighed once again by pressure in technology shares.
Investors are now bracing for Nvidia's upcoming earnings report, which is widely expected to offer a clearer read on the durability of the AI trade.
By 10:35 am AEDT (11:35 pm GMT), futures tied to the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 were each trading 0.1% higher.
In extended trading, shares of Constellation Energy rose 2.8% after the U.S. government said it would support the company with a federal loan.
The Department of Energy confirmed Tuesday that the Trump administration will provide Constellation with a US$1 billion loan to restart the Crane Clean Energy Center nuclear plant in Pennsylvania.
Previously known as Three Mile Island Unit 1, the plant is expected to return to service in 2027, with the loan set to cover most of the project’s estimated $1.6 billion cost.
Tuesday’s session saw declines extend, with the Dow Jones Industrial Average and S&P 500 registering their fourth straight day of losses, and the S&P 500 posting its longest slide since August.
The tech-heavy Nasdaq Composite also fell, marking its fifth negative session in six days.
Despite most sectors in the broader market closing higher, weakness in heavyweight technology stocks continued to drag on the major averages.
Popular AI names including Nvidia, Palantir, Microsoft and Advanced Micro Devices all finished firmly in the red.
Technology and consumer discretionary stocks remain the most heavily sold-off sectors this month, while healthcare has emerged as the strongest performer.
Attention also turns to the retail sector, with Target, Lowe’s and TJX Companies due to report earnings on Wednesday morning.
