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US Stock Futures Trade Flat Following A Losing Week, Asia Trades Mixed; Higher Start On D-Street?

U.S. stock futures were little changed in overnight trading Sunday following a losing week on Wall Street with the AI trade losing steam.

Futures tied to the Dow Jones Industrial Average edged up 17 points. S&P 500 futures and Nasdaq 100 futures were both flat.

U.S. stocks slipped last week as cracks appeared in a key pillar of the bull market rally — enthusiasm surrounding artificial intelligence buildout. Nvidia’s eye-popping $100 billion partnership with OpenAI drew investor skepticism towards the sustainability of the business.

Asian markets traded mixed today as investors braced for a possible shutdown of the US government. Japan’s Nikkei 225 fell 0.68%, and the Topix declined 1.27%. South Korea’s Kospi gained 1.05% and the Kosdaq rose 0.82%. Hong Kong’s Hang Seng index futures indicated a higher opening.

Meanwhile, Gift Nifty was trading around 24,810 level, a premium of nearly 120 points from the Nifty futures’ previous close, indicating a gap-up start for the Indian stock market indices.

#stockmarketupdates #sensex #nifty #dalalstreetaction #globalmarkets #globalmarketupdates #cnbctv18 #cnbctv18market #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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