S&P 500 set to pull back as rally runs out of steam

  • 8am: Weak start expected US stock futures are pointing to a negative start for Wall Street a day after the S&P 500 closed at a fresh record as enthusiasm for AI and crypto helped offset new trade threats from President Donald Trump. Futures for the broad-market index pointed to a 0.6% decline when trading gets underway, with those for the Dow Jones also indicating a 0.6% fall while the Nasdaq is expected to open 0.5% lower.