S&P 500 futures rose slightly on Friday, as traders headed for a mostly losing week amid declines in tech and artificial intelligence-related names.
Futures for the Dow Jones Industrials gained 25 points, or 0.1%, early Friday to 52,455.
Futures for the S&P 500 gained 4.75 points, or 0.1%, to 7,795.75.
Futures for the NASDAQ Composite retreated 69.5 points, or 0.2%. to 30,074.25.
Tesla shares rose 3% after the electric vehicle maker unveiled its next-generation roadster. To be sure, the model won’t go into production until 2028.
Chipmakers were lower again, however, led by declines in Micron, AMD and Sandisk.
Semiconductors have struggled this week amid jitters about competition from China.
Those declines, coupled with drops in other stocks linked to artificial intelligence, put the S&P 500 on pace for a losing week. The benchmark index is down 0.9% this week, while the NASDAQ has shed 2.4%.
In Japan, the Nikkei 225 advanced 1.4% Friday, while in Hong Kong, the Hang Seng gained 0.5%.
Oil prices edged higher six cents to $98.03 U.S. a barrel.
Gold prices took on $27.50 to $4,197.60 U.S an ounce.
