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Tech-Led Rally Keeps Stock Futures Largely Unchanged Thursday Evening

Thursday night saw U.S. stock futures hovering around the flat line, showing little movement. Dow Jones Industrial Average futures edged up by 10 points or 0.03%. S&P 500 futures experienced a slight decline of 0.03%, while Nasdaq 100 futures saw a small increase of 0.01%.

In after-hours trading, iRobot experienced a significant drop of 40% following reports by The Wall Street Journal that suggested the European Commission would likely reject Amazon’s attempt to acquire the Roomba manufacturer. The Journal cited sources familiar with the matter.

During the regular trading session, the Dow recorded a gain of 201.94 points, breaking a three-day streak of losses. The S&P 500 witnessed an increase of 0.88%, and the Nasdaq Composite climbed by 1.35%. Both the S&P 500 and Nasdaq have now turned positive for the year 2024.

For the week, the Nasdaq is showing the strongest performance with a 0.55% advance, while the Dow is down by 0.33%. The S&P 500 is marginally lower, experiencing a decline of 0.06%.

Source (CNBC)

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