U.S. stock index futures fell on Thursday evening, influenced by losses in technology stocks, particularly Apple. Investors anticipate President-elect Donald Trump's inauguration and his potential trade policies. The earnings season also continues, with major tech, industrial, and consumer companies scheduled to report next week.
Investing.com-- U.S. stock index futures drifted lower on Thursday evening after losses in heavyweight technology stocks, particularly Apple , dragged Wall Street lower.
Focus also remained on the earnings season, after a string of positive bank earnings this week. A slew of major tech, industrials and consumer stocks are set to report earnings next week. A lack of artificial intelligence features on Apple’s devices in China has also weighed on sales, given that most of its rivals have their own AI offerings.
The sector took limited support from stronger-than-expected fourth quarter earnings from TSMC, as it continued to benefit from outsized artificial intelligence demand. The stock surged nearly 4% on Thursday.Wall Street indexes fell on Thursday, but were still set to gain in their first full trading week of 2025, after soft inflation data released earlier spurred some bets that the Federal Reserve will cut interest rates further this year.
APPLE TECHNOLOGY STOCK MARKET TRUMP EARNINGS
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