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Investor Sentiment Stabilizes, Driving Muted Premarket Action for US Equity Futures
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Investor Sentiment Stabilizes, Driving Muted Premarket Action for US Equity Futures
Oct 17, 2024 1:28 PM

08:39 AM EDT, 10/16/2024 (MT Newswires) -- US equity futures were little changed Wednesday, stabilizing after losses amid concerns over chipmaker ASML's ( ASML ) weak sales guidance.

The Dow Jones Industrial Average futures gained 0.06%, S&P 500 futures increased 0.06%, and Nasdaq futures were up 0.1%.

ASML ( ASML ) cut the top end of its 2025 sales guidance range to a new range of 30 billion euros ($32.69 billion) to 35 billion euros from the prior forecast range of 30 billion euros to 40 billion euros.

Oil prices were little changed, with front-month global benchmark North Sea Brent crude down 0.01% at $74.24 per barrel and US West Texas Intermediate crude 0.06% higher at $70.62 per barrel.

US import prices fell 0.4% in September compared with expectations for a 0.3% decrease in a survey by Bloomberg and August's 0.2% decline, while export prices dropped 0.7% for the month following the 0.9% downtick previously and versus estimates for 0.4% decrease.

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