S&P 500 futures were little changed Thursday after the index posted its first winning session in four, as investors rotated out of key tech names. The Dow Jones jumped more than 500 points Thursday, while the S&P 500 and Nasdaq advanced modestly. AI-related stocks, especially in the memory chip space, weighed on the market this week, with Micron Technology down more than 9% and CoreWeave falling 15%. Hotter-than-expected inflation data, with the biggest wholesale price gain since 2022, has heightened investor concerns. For the week, the S&P 500 and Nasdaq are in negative territory, down nearly 1% and more than 2% respectively, while the Dow is up about 1%.
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