US Stock Futures Flat as Investors Mull Fed Minutes, AI Momentum and Gov’t Shutdown

U.S. equity futures were largely unchanged on Thursday morning as investors evaluated continued momentum in artificial intelligence-driven stocks and scrutinized the Federal Reserve’s latest meeting minutes.

Policymakers at the Fed remain split on the future path of interest rates in 2025, weighing slowing employment growth against persistently high inflation, according to the meeting summary.

As of 04:39 P.M. (GMT+7), Dow Jones futures increased 48.20 points, or 0.10%, to 46,650 points while S&P 500 futures added 2.90 points, up 0.04%, to 6,756.60 points. Nasdaq 100 futures, however, decreased by 3.50 points, or 0.01% to 25,133.10 points.

Both the S&P 500 and Nasdaq marked fresh record closing highs on Wednesday, primarily fueled by robust gains among mega-cap technology firms connected to the surging interest in AI.

While concerns persist regarding the cyclical nature of some AI sector deals, investor excitement around the emerging technology shows little sign of waning.

Meanwhile, political deadlock in Washington has extended a government shutdown for more than a week, a situation that could further impede the release of new economic data in the coming days.

With limited new economic indicators expected ahead of next week’s kickoff to the third-quarter earnings season, analysts suggest that investors may have few catalysts to guide trading in the days to come.

Elsewhere, corporate results from Delta and PepsiCo are slated for release, and gold prices pulled back after touching historic highs.