Futures Little Changed Friday - InvestingChannel

Futures Little Changed Friday

Stock futures were quiet on Friday as Wall Street looked to stabilize after a slide for equities.

Futures for the Dow Jones Industrials dropped 58 points, or 0.2%, to 41,439.

Futures for the S&P 500 hiked 7.75 points, or 0.1%, at 5,646.75.

Futures for the NASDAQ Composite spiked 82.5 points, or 0.4% to 20,080.

Despite Thursday’s selloff, a market rotation still appears to be theme of the week. The S&P 500 and Nasdaq Composite are down 1.26% and 2.87%, respectively. On the other hand, the Dow is up 1.66%.

CrowdStrike tumbled more than 10% following a major information technology outage that impacted business around the world. The New York Stock Exchange and NASDAQ both said trading did not appear impacted.

Investors will also be keeping an eye on the political sphere, where Donald Trump is ramping up his campaign as the Republican National Convention draws to a close and President Joe Biden is under pressure from fellow Democrats to bow out of the race.

In Japan, the Nikkei 225 dropped 0.2% Friday, while in Hong Kong, the Hang Seng 2%.

Oil prices dipped 19 cents to $82.63 U.S. a barrel.

Gold prices faltered $46.50 to $2,409.90.

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