Stock futures were struggling for direction Thursday, suggesting the previous session’s market rebound may be short lived as investors weigh up if it’s worth overpaying for artificial-intelligence stocks.
Futures tracking the Dow Jones Industrial Average fell 19 points, effectively trading flat. S&P 500 futures and contracts tied to the tech-heavy Nasdaq 100 were also unchanged.
After a rough start to the week, the three major indexes rallied on Wednesday after a stronger-than-expected private-sector jobs number. Stocks also got a boost after multiple Supreme Court justices expressed doubt about President Donald Trump’s usage of the International Emergency Economic Powers Act to impose tariffs.
