Stock futures are little changed after Dow retakes 50,000: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, May 4, 2026. Michael Nagle | Bloomberg | U.S. stock futures were little changed on Thursday night after the Dow Jones Industrial Average reclaimed the 50,000 threshold, and the S&P 500 closed above 7,500 for the first time. Investors are also keeping an eye on the ongoing summit between the U.S. and China. Dow futures fell by 11 points, or 0.02%. S&P 500 futures dipped 0.03%, and Nasdaq 100 futures rose 0.01%. Applied Materials shares climbed about 2% in extended trading after the semiconductor equipment supplier reported fiscal second quarter results that beat expectations on the top and bottom lines. Cerebras shares rose 4%, extending gains after the artificial intelligence chipmaker's public markets debut. SpaceX is planning to disclose its prospectus as soon as next week , after confidentially filing for an IPO in April, CNBC has learned. Wall Street is coming off yet another positive session, with both the S&P 500 and Nasdaq Composite closing at record highs. The S&P 500 gained 0.8%, while the Nasdaq climbed 0.9%. The 30-stock Dow closed up 370 points, or 0.8%. Stocks have been on a record-breaking tear on a renewed fervor around artificial intelligence. However, a peek under the hood is showing that the overall market is lagging the largest tech companies, a divergence that is increasingly worrying some investors as it suggests a fragile rally. …