2025.10.0910:22:54UTC+00US Futures Waver

U.S. stock futures remained largely unchanged on Thursday, following the record-setting closings of the S&P 500 and Nasdaq in the prior session. Investors are preparing for the third quarter earnings season, which is expected to gain traction next week as major banks begin reporting their quarterly results. In premarket activity, PepsiCo saw a modest increase of 0.2% after surpassing revenue and earnings expectations, while Delta Air Lines experienced gains ahead of its own quarterly results. Advanced Micro Devices (AMD) continued its strong performance from earlier in the week, rising 1.5%, following the announcement of a partnership with OpenAI. Nvidia also advanced 1.3% after receiving U.S. approval for several billion dollars’ worth of chip exports to the United Arab Emirates. Meanwhile, the ongoing federal government shutdown is causing delays in the release of essential economic data, including jobless claims. Despite this, traders are optimistic that the Federal Reserve will cut interest rates twice more this year. This sentiment is supported by minutes from the most recent meeting, which suggest that policymakers are weighing the risks to employment against the ongoing inflation pressures.