Dow Jones Ends Flat After Tech-Fueled Rally – Thursday, 9 October

US stock futures remained stable on Thursday following a surge in major indexes to new record highs, propelled by significant gains in technology stocks. While the S&P 500 and Nasdaq Composite both achieved record highs, the Dow Jones Industrial Average ended the previous session flat. Investors are now awaiting remarks from Fed Chair Jerome Powell and earnings reports from Delta Air Lines and PepsiCo.

  • The Dow ended flat on Wednesday.
  • US stock futures held steady on Thursday.
  • The S&P 500 and Nasdaq Composite advanced, both setting fresh records.

The stability in the Dow Jones, despite the tech-driven rally impacting other major indexes, suggests a more balanced performance across the broader market. This could indicate that gains are concentrated in specific sectors, primarily technology, while other areas within the Dow are not experiencing the same level of growth. The upcoming remarks from the Fed Chair and the release of earnings data could provide further insight into the overall economic outlook and potential drivers for future market movements.