FX.co ★ US Futures Steady After Choppy Session

US stock futures were little changed on Friday after the major indexes ended mixed in the previous session amid volatile trading. Renewed weakness in megacap technology stocks offset optimism fueled by a bullish outlook for memory-chip makers.

On Thursday, the Nasdaq Composite slipped 0.46%, its fourth straight daily decline. An early rally, sparked by Micron’s upbeat forecast, faded into broad-based selling across the technology sector.

Micron jumped 15.7% after reporting strong earnings and issuing a robust revenue outlook for the August quarter. The results lifted other chip-related names, including Sandisk (up 22%), Applied Materials (up 13.4%), and Western Digital (up 4.9%).

By contrast, megacap technology stocks remained under pressure. Apple (-6.1%), Nvidia (-1.6%), Microsoft (-3.5%), Amazon (-3.1%), and Meta (-2.7%) all declined.