U.S. stock futures steady after Nasdaq slides on OpenAI revenue concerns

What happened: Wall Street's main indexes rose Friday, with the Nasdaq Composite and Dow Jones Industrial Average securing weekly gains as technology stocks rebounded and oil prices eased. Why it matters: The sentiment drop highlighted frustration over living costs and economic outlook concerns, tempering optimism from the market recovery. Chipmakers rebounded after falling on reports OpenAI's annualized revenue ran about $20 billion below expectations, raising questions about AI spending pace and returns. Market: -2.3% by next close ($594.24 on Oct 12), +155.4% YTD Coverage: 6 outlets in 24h

Wall Street's main indexes rose Friday, with the Nasdaq Composite and Dow Jones Industrial Average securing weekly gains as technology stocks rebounded and oil prices eased.

The sentiment drop highlighted frustration over living costs and economic outlook concerns, tempering optimism from the market recovery. Chipmakers rebounded after falling on reports OpenAI's annualized revenue ran about $20 billion below expectations, raising questions about AI spending pace and returns. Market: -2.3% by next close ($594.24 on Oct 12), +155.4% YTD