United States stock market futures remained largely unchanged early Friday as cautious investor sentiment followed comments from Federal Reserve Bank of Chicago President Austan Goolsbee, who hinted that the central bank may hold off on cutting interest rates at its next policy meeting.
At 4:20 am ET, futures linked to the Dow Jones Industrial Average, Nasdaq 100, and S&P 500 traded flat, reflecting muted market reaction ahead of the trading session. Goolsbee’s remarks raised fresh concerns about the timing of potential rate cuts, prompting traders to reassess their expectations for monetary easing.
In the corporate space, investors digested two major developments — reports that the United States plans to block Nvidia Corporation from selling certain chips to China, and Tesla Inc.’s approval of a nearly $1 trillion pay package for CEO Elon Musk, backed by over 75% of shareholders.
Both events added layers of uncertainty to an already volatile technology sector, with potential implications for semiconductor exports and corporate governance debates in major US firms.
Meanwhile, on the currency front, the euro traded flat against the US dollar, selling at $1.15357 around 4:25 am ET.
Global investors now await fresh economic data and further central bank commentary for cues on inflation trends and rate direction in the weeks ahead.
