S&P 500 futures are little changed as benchmark closes in on all-time high: Live updates
Traders work at the New York Stock Exchange on June 23, 2025.
NYSE
S&P 500 futures sat near flat Thursday night with investors on all-time high watch and awaiting inflation data.
Futures tied to the broad index traded around their flatline, as did Nasdaq 100 futures. Dow Jones Industrial Average futures added 47 points, or 0.1%.
Thursday night's action comes as traders wait to see if the S&P 500 can rise to new records. The broad index climbed 0.8% to finish the trading day at 6,141.02, bringing it only a few points away from the intraday all-time high of 6,147.43 reached in February.
The Nasdaq Composite jumped nearly 1%, also coming within striking distance of a fresh record. The Dow popped about 0.9%.
"The markets were in a sense of stasis," said Rick Rieder, BlackRock's chief investment officer for global fixed income, on CNBC's "Closing Bell." "There is so much money that wants to come into the market that didn't for a while. And I just think if you don't have any negative news, the natural gravitational pull is across all these assets."
Those gains have pushed the Dow and S&P 500 up more than 2% this week. The Nasdaq has jumped more than 3%.
Investors will watch Friday for data from the May reading of personal consumption expenditures price index due in the morning. Economists polled by Dow Jones expect the index to tick 0.1% higher on the month and 2.3% from a year ago. So-called core PCE is slated to rise 0.1% from April and 2.6% from 12 months earlier.
Beyond the inflation reading, traders will also monitor data on personal income, consumer spending and consumer sentiment.
See the stocks moving after hours
These rare some of the stocks making notable moves after hours:
- Nike — The athletic retailer fell 2%. While Nike beat expectations on the top and bottom lines in the fiscal fourth quarter, the company said sales dropped 12% from the same period a year prior.
- CorMedix — The biopharmaceutical stock tumbled 10% after announcing a common stock offering of $85 million. The offering is being done through RBC Capital Markets.
Click here for the full list.
— Alex Harring
Stock futures are little changed
Futures tied to the Dow, S&P 500 and Nasdaq 100 all sat near flat shortly after 6 p.m. ET.
— Alex Harring
Latest World News copy
- China's industrial profits plunge 9.1%, steepest fall in seven monthsThat marked the largest monthly decline since October last year, when the industrial profits dropped 10%.
- Xiaomi shares soar to record highs as its new EV that undercuts Tesla draws strong responseChinese smartphone company Xiaomi priced its luxury YU7 SUV within expectations — but undercut Tesla's Model Y.
- Why aren’t Chinese consumers spending enough money?China's consumer spending shows little sign of picking up soon, given uncertainty about future wealth, changing preferences and lack of a social safety net.
- Japan's Nikkei hits 6-month high as Asia-Pacific markets track gains on Wall StreetJapan's Tokyo core consumer price index excluding fresh food and fuel rose 3.1% year on year in June, slower than the 3.6% increase seen in the previous month.
- Nike says tariffs will cost it $1 billion before price increases, supply chain shiftsNike said its fiscal fourth quarter will see the worst of its turnaround efforts, but investors are wondering if sales and profits still have more room to fall.
- CNBC Daily Open: Wall Street is chill, cheeky and cruisingThere are risks everywhere, but right now, Wall Street seems to be in full summer mode.