financetom
Market
financetom
/
Market
/
Investor Sentiment Improves After Slump in Tech, Driving Narrow Premarket Gains for US Equity Futures
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Investor Sentiment Improves After Slump in Tech, Driving Narrow Premarket Gains for US Equity Futures
Jan 28, 2025 5:23 AM

08:04 AM EST, 01/28/2025 (MT Newswires) -- US equity futures were marginally higher pre-bell Tuesday, with investor sentiment recovering after a technological sector slump fueled by concerns over Chinese AI startup DeepSeek.

Dow Jones Industrial Average futures gained 0.01%, S&P 500 futures increased 0.1%, and Nasdaq futures were up 0.1%.

The S&P 500 and Nasdaq Composite closed lower on Monday after DeepSeek's rapid rise. DeepSeek launched an open-source artificial intelligence model that could potentially run on less-advanced chips.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.7% at $76.65 per barrel and US West Texas Intermediate crude up 0.7% at $73.64 per barrel.

Durable goods, scheduled for release at 8:30 am ET, are expected to show an increase of 0.3% in December following a 1.1% drop in the preceding month, according to estimates compiled by Bloomberg.

Consumer confidence, due at 10 am ET, is seen recovering to 105.7 in January from 104.7 in December.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved