Dow Jones| Nasdaq | US Stock Market Today | Live: Nasdaq, S&P 500 futures gain as investors await Micron earnings

S&P 500 and Nasdaq futures edged higher as investors awaited Micron Technology's earnings for clues on AI-driven demand, after the Nasdaq 100 shed over $1 trillion in market value over two sessions. Concerns over heavy debt-funded AI infrastructure spending and a more hawkish Federal Reserve drove the recent selloff, with traders increasingly betting on a second rate hike by year-end. Brent crude fell below $75 a barrel for the first time since the Middle East war began, while the US dollar hit a 13-month high amid safe-haven demand.