U.S. stock futures edged lower Friday as debt-ceiling concerns still reverberated with inflation data set for release.
What’s happening On Thursday, the Dow Jones Industrial Average DJIA fell 35 points, or 0.11%, to 32765, the S&P 500 SPX increased 36 points, or 0.88%, to 4151, and the Nasdaq Composite COMP gained 214 points, or 1.71%, to 12698.What’s happening On Thursday, the Dow Jones Industrial Average DJIA fell 35 points, or 0.11%, to 32765, the S&P 500 SPX increased 36 points, or 0.88%, to 4151, and the Nasdaq Composite COMP gained 214 points, or 1.71%, to 12698.
Another microchip maker, Marvell Technology MRVL , rose in premarket trade after saying AI has emerged as a key growth driver. While Treasury Secretary Janet Yellen says the U.S. could run out of money as early as June 1, other projections estimate the federal government may have until the middle of the month.
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