Dow S&P hit record Nasdaq futures fall: US stock futures today: Dow and S&P 500 hit record highs but Nasdaq slides again as Oracle’s crash drags Google, Nvidia and Broadcom lower
Dow Jones Industrial Average futures rose 0.30% to 49,271It extends Thursday’s record close.
The previous close of the index was as follows: 48,727.76, up 543.24 points.
S&P 500 futures traded flat at 6,909.25edge 0.03% higher After Thursday’s close, it increased by 4.90 points to 6,904.35.
Nasdaq 100 futures lost 0.20 percent at 25,919.75.The pressure from Thursday’s technology-driven decline continues. Nasdaq Composite closed at: 25,702.77, increase 216.98Despite the weakness of big names like Nvidia and Google.
Investors are watching to see if this week will end with gains in all three major indexes. So far, momentum has supported value and cyclical stocks, driving the Dow and S&P 500 to all-time highs.
Technology stocks are under pressure again
Tech selloffs deepened following Wednesday’s Fed decision. This was the third rate cut in 2025, but investors remain cautious about the earnings power of AI-focused companies.
Oracle’s sharp decline earlier in the week has reignited concerns about AI demand. That weakness continued into Thursday, pulling heavyweight stocks lower. Google (GOOG) And Nvidia (NVDA).
This trend may continue on Friday after a disappointing response. Broadcom (AVGO) final view.
Broadcom shares fell more than 4% in premarket trading after the company’s interpretation of artificial intelligence disappointed investors who expected a big revenue boost in the short term.
The stock closed on Thursday at: $406.37down 1.60%before scrolling $388.06another down 4.51% pre-marketing.
CEO Hock Tan told analysts the company had a $73 billion artificial intelligence product backlog It is planned to be delivered in six quarters. But investors were expecting a stronger short-term earnings signal.
Broadcom confirmed $11 billion artificial intelligence chip order from Anthropicbut warned that profit margins were shrinking. The company also declined to provide a 2026 AI revenue forecast, calling it a “moving target.”
Despite the concerns, Broadcom reported upbeat quarterly results and increased its dividend by 10%. 65 cents per share. Sales expected to increase in the first quarter $19.1 billionIt was above analysts’ expectations of $18.5 billion.
Which companies are turning to pre-market trading?
Premarket action showed a wide range of moves across sectors as investors looked for stability outside of megacap tech.
Among those who moved the most are:
- Tilray (TLRY) jumped 30.49% to $11.00 at intense volume.
- Bitfarms (BITF) It fell 0.34% to $2.93.
- AngloGold Ashanti (AU) It rose 0.68% to $86.08.
- Nvidia (NVDA) It fell 0.40% to $180.20.
- Rocket Laboratory (RKLB) It fell 0.36% to $63.30.
- American Airlines (AAL) added 1.40% to $15.17.
- Broadcom (AVGO) traded $389.66down 4.11%It reflects weak post-earnings sentiment.
Investors are watching to see whether money continues to flow into the travel, industrial, consumer and energy sectors, which are holding up better as technology cools.
What is the market outlook towards 2026?
Wall Street expects more clarity on the Fed’s 2026 policy path as inflation slows. Many analysts believe the recent rally in value stocks could expand if economic data remains solid.
The key question for markets is whether AI gains can catch up to investor expectations. Otherwise, the move away from technology may continue until early 2026.
For now, futures suggest a new split is clear for US markets; The Dow is up, the S&P is steady, and the Nasdaq is under pressure again.
