Wall St futures mixed
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U.S. stock futures rose Friday after the Nasdaq closed at a new record Thursday. European shares fell in line with Asia amid uncertainty regarding Fed interest rates.
US stock futures were steady as investors sifted through earnings reports, with Alphabet Inc. signaling strong demand for its AI products, while Tesla Inc. posted the biggest revenue decline in at least a decade.
Alphabet’s earnings beat lifts tech stocks, boosting the Nasdaq 100, while IBM drags down the Dow. US indices diverge as investors weigh mixed results.
The S&P 500 and the Nasdaq notched record high closes on Thursday as robust results from Google parent Alphabet fueled optimism about other heavyweight artificial intelligence stocks, while Tesla slumped after the electric vehicle maker's results disappointed investors.
Wall Street kicked off Thursday with a split mood, as US stock market futures painted a mixed picture ahead of the opening bell. The S&P 500 held steady near record highs, the Nasdaq pushed higher on the back of red-hot AI enthusiasm,
The S&P 500 and the Nasdaq Composite ended Thursday's session with fresh record closes after scoring new all-time intraday highs earlier in the trading day. The broad market index closed 0.07% higher to end at 6,363.35, while the tech-heavy Nasdaq inched up 0.18% to finish at 21,057.96.
S&P 500 and Nasdaq hit record highs, helped by Alphabet's results and raised spending plan. Dow falls. Earnings, trade deals, Fed's Powell in focus
Stock futures pointed mostly higher Thursday on optimism over trade deals and as investors parsed quarterly earnings reports from Tesla, Alphabet, and IBM. These stocks were poised to make moves Thursday: Tesla was falling 6.