22.01.202623:59:40UTC+00US Futures Steady After 2-Day Rebound

Dow and S&P 500 futures remained mostly stable on Friday as leading US equity indices continued their upward trajectory for the second consecutive trading session, bolstered by diminishing geopolitical and trade uncertainties. In contrast, Nasdaq 100 futures experienced a slight decline, impacted by a more than 10% plunge in Intel shares during extended trading. This drop followed the chipmaker's announcement of a weaker-than-anticipated outlook for the first quarter, which in turn affected the overall technology sector sentiment. On Thursday, the Dow rose by 0.63%, the S&P 500 increased by 0.55%, and the Nasdaq Composite ascended by 0.91%, all marking their second day of collective gains. President Donald Trump withdrew from proposed tariffs aimed at European countries, instead announcing a framework agreement with NATO concerning a future deal involving Greenland. Additionally, the macroeconomic environment fueled further confidence, with a revised Q3 GDP growth of 4.4%, weekly jobless claims holding steady around 200,000, expected PCE inflation levels, and robust consumer spending trends.