US stock futures hold steady after Nasdaq hits fresh record

  • US stock futures were little changed after the Nasdaq Composite reached a record.
  • Nasdaq rose 0.45%, while the S&P 500 was flat and Dow fell 0.36%.
  • Investors awaited Wednesday earnings from Cintas, Paychex and General Mills.

US stock futures were little changed Wednesday after the tech-heavy Nasdaq Composite reached a fresh record in the previous session. Gains in AI infrastructure companies, falling oil prices and lower bond yields supported equities amid hopes for significant de-escalation in the US-Iran conflict. The Nasdaq rose 0.45% Tuesday, while the S&P 500 was flat and the Dow fell 0.36%. Optimism around Meta’s Muse AI agent returned, while Anthropic is set to introduce a lower-cost AI model for a broad range of business tasks ahead of its closely watched Wall Street debut. Investors are also awaiting earnings from Cintas, Paychex and General Mills for signals on corporate America’s health.

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