US Futures Point to Gains at the Open
2026-01-16 12:32
By
Joana Taborda
1 min. read
US stock futures were mostly higher on Friday, with S&P 500 futures up 0.2% and Nasdaq 100 futures gaining 0.5%, while Dow Jones futures hovered around the flatline.
Investor sentiment was supported by continued optimism around the technology and AI outlook, following strong quarterly results and guidance from TSMC.
Megacap stocks were mostly higher in premarket trading, including Nvidia (+0.8%), Amazon (+0.4%), Alphabet (-0.6%), Meta (+0.2%), Broadcom (+1.1%), and Tesla (+0.6%).
Micron Technology was also up more than 5% while Microsoft was little changed and Apple edged down 0.3%.
On the earnings front, shares of PNC Financial Services rose 3.5% in premarket trading after beating market expectations on both earnings and revenue.
On the week, however, all three major US indices are heading for losses, with the S&P 500 down 0.3%, the Nasdaq off 0.6% and the Dow Jones losing 0.1%.