US stock futures were flat on Friday, following a strong performance by the S&P 500. On Thursday, the Dow Jones Industrial Average climbed, while the Nasdaq slipped due to tech sector weakness. Overall, market sentiment was supported by optimism regarding the US-China trade deal and easing inflation pressures.
- The Dow Jones climbed 0.65% on Thursday.
- The S&P 500 rose 0.41%.
- The Nasdaq Composite slipped 0.18%.
- GE shares advanced 2.8% after Qatar announced it would use only GE engines in Boeing’s largest wide-body aircraft order.
The Dow’s upward movement suggests relative strength compared to the Nasdaq, which experienced a slight decline. GE’s positive performance also contributed positively to the Dow, reflecting investor confidence in the company after the announcement regarding its engines. Broadly, gains in the Dow can also be attributed to gains in the S&P 500 driven by easing inflation and positive sentiment related to international trade.