US Futures Higher
2025-11-21 12:59
By
Joana Taborda
1 min. read
US stock futures were higher on Friday, with S&P 500 contracts up 0.3%, Nasdaq 100 futures rising 0.2%, and Dow Jones futures gaining more than 240 points as markets attempted to rebound from Thursday’s sharp losses.
Sentiment improved after NY Fed President Williams signaled that the Fed may have room to cut rates again soon amid signs of a softening labor market.
The probability of a December rate cut has climbed to around 64%.
Major tech names were all trading higher in the premarket, including Apple (0.2%), Microsoft (0.2%), Amazon (0.6%), Meta (0.1%), Alphabet (1.2%), and Tesla (1%).
Intuit also rose more than 2.8% after reporting better-than-expected earnings and revenue.
However, concerns over stretched AI valuations persisted.
Nvidia remained under pressure, slipping 0.2% in premarket trading after a 3.2% drop on Thursday.
Oracle was also slightly lower, down 0.5%.
On the week, the S&P 500 is down 2.9%, the Dow has declined almost 3% and the Nasdaq has shed 3.6% so far.