America News Agency

S&P 500 futures rose 0.02%, while Nasdaq 100 futures gained 0.04%. Futures tied to the Dow Jones Industrial Average showed little change.

In after-hours trading, semiconductor giant Applied Materials jumped 13%, supported by strong earnings results and an encouraging outlook. Airbnb shares rose about 4% as investors applauded the rental company’s optimistic expectations. Pinterest fell 17% due to fourth-quarter results that missed expectations and weak guidance.

On Thursday, major U.S. indexes declined amid concerns that artificial intelligence-related disruptions would spread across the market, particularly in the real estate, trucking and software sectors. The S&P 500 lost about 1.6%, while the Nasdaq Composite fell roughly 2%. The Dow Jones Industrial Average dropped about 670 points, or 1.3%.

Each of the technology giants known as the “Magnificent Seven” closed in the red. Cisco Systems’ 12% decline due to disappointing expectations weighed on the broader market. Apple fell 5% during the regular session, marking its worst daily loss since April 2025.

On Friday, a new market catalyst is expected with the release of the January consumer price index report. According to economists surveyed by Dow Jones, the inflation gauge is expected to rise 2.5% year over year and 0.3% on a monthly basis.

The three major indexes are heading toward weekly losses. As of Thursday’s close, the S&P 500 and the Dow were down more than 1%, while the Nasdaq is on track for a 1.9% decline for the period.