Stock futures are little changed on world market

Stock futures are little changed on world market
# 30 March 2023 10:10 (UTC +04:00)

Stock futures were little changed Wednesday night.

Futures tied to the Dow Jones Industrial Average lost 14 points, trading near flat. S&P 500 futures and Nasdaq-100 futures were also near their flatlines.

The moves come amid a hectic week for stocks. The three major indexes ended Wednesday higher, with the Nasdaq Composite leading the way with a roughly 1.8% jump. The S&P 500 and Dow followed at 1.4% and 1% higher, respectively. Those gains mark a reversal from Tuesday, when all three indexes ended the session lower.

Big Tech stocks contributed to Wednesday’s advance. Amazon popped 3%, while Meta and Netflix each gained more than 2%. Regional banks, closely followed since Silicon Valley Bank’s collapse earlier this month, also finished the session higher, with the SPDR S&P Regional Banking ETF (KRE) adding around 1%.

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