HighNegative
Announced Thu, 23 Jul · 17:39 IST
Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: US stock futures ease as Big Tech earnings rekindle AI spending worries, oil jumps
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
US stock futures for Dow Jones, S&P 500 and Nasdaq slipped around 0.3% as Alphabet and Tesla earnings reignited concerns over heavy AI-related capital expenditure, with Tesla posting negative free cash flow for the first time in over two years. Brent crude surged to near $98 per barrel on escalating Red Sea tensions involving Iran-backed groups, pushing the two-year US Treasury yield to a 17-month high and lifting bets on a near-term Federal Reserve rate hike.