19.12.202512:19:41UTC+00S&P and Nasdaq Futures Up

Futures linked to the S&P 500 edged up by 0.2%, with Nasdaq 100 futures increasing by 0.4%, while Dow Jones futures remained relatively unchanged Friday. This movement follows a robust session on the previous day, during which the S&P 500 logged its highest daily increase of the month. Investor optimism continues to be buoyed by the expectation that the Federal Reserve will have the leeway to maintain interest rate cuts next year. In premarket trading, Oracle shares advanced over 4%, offering additional momentum after TikTok decided to sell its U.S. operations to a new joint venture that includes Oracle and the private-equity firm Silver Lake. Meanwhile, Micron Technology saw a 1.6% rise, building on its 10% surge from Thursday. Conversely, Nike shares dropped by more than 10% due to disappointing revenue figures from China and the negative impact of elevated tariffs on gross margins. FedEx saw little movement in its stock price, as its quarterly results failed to captivate investors. Over the course of the week, the S&P 500 has risen by 0.8%, the Dow Jones has increased by 1%, while the Nasdaq has decreased by 0.8%.