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US stock futures rose on Friday after hitting fresh records with Wall Street fixated on the promise of AI even as the government shutdown drags on.
OpenAI has completed a deal to help employees sell shares in the company at a $500 billion valuation, propelling the ChatGPT owner past Elon Musk’s SpaceX to become the world’s largest startup.
US stock futures pulled back on Wednesday after the US government entered its first shutdown in seven years, putting hundreds of thousands of jobs and billions of dollars in output at risk.
US stock futures faltered on Tuesday as investors weighed the likely fallout of President Trump's latest tariff blitz, with the US government on the brink of a shutdown.
The major averages finished this past week little changed, as a light economic and earnings calendar saw investors take the week's events in stride, even President Trump's latest tariff surprise late Thursday.
US stock futures wavered on Friday as investors weighed President Trump's fresh round of punishing tariffs and waited for a fresh inflation reading to test rate-cut bets.