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2026-10-16T08:39:09.577Z

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S&P 500 futures remain steady amid weekly decline

S&P 500 futures remain steady amid weekly decline

The futures for the S&P 500 index remained stable after recording its first positive session in four days, with contracts rising by 0.16%. Meanwhile, Nasdaq 100 futures increased by 0.14%, and the Dow Jones Industrial Average futures gained more than 81 points. U.S. market indices returned to positive territory, with the Dow Jones climbing approximately 1.1%, after a weekly decline driven by pressure on AI sector stocks—particularly semiconductor companies like Nvidia and Broadcom—which experienced weekly declines exceeding 2%. The market is on track to achieve weekly gains as focus remains on the growth of the AI industry, despite concerns over excessive borrowing. Additionally, Anthropic announced third-quarter revenues of $16.8 billion.

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