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Stock futures are flat after Nasdaq posts five-day winning streak: Live updates

Traders work on the floor at the New York Stock Exchange on May 7, 2025.
Brendan McDermid | Reuters

Stock futures were little changed Wednesday as Wall Street looked to extend a strong start to the week.

Futures tied to the slipped 0.1% along with . slipped 32 points, or 0.1%.

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The move in futures comes after a broadly positive day on Wall Street. The rose 0.7%, while the climbed 1.6% for its fifth straight positive session. The fell 0.6%, weighed down by , but is still up on the week.

The S&P 500 has now turned positive for the year, as Wall Street breathes a sigh of relief after the U.S. and China on Monday announced a on tariffs.

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"It's a big risk-on sentiment at the moment. … While the structural issues between [the U.S. and China] remain unresolved, I think the signal is quite clear that neither side wants to push trade tensions further," said Lale Akoner, global market analyst at eToro.

Tech names were among the big winners in Tuesday's regular session, with the sector rising more than 2%. jumped more than 5% on news the semiconductor giant would send more than 18,000 of its to Saudi Arabia.

The latest leg of the market rebound has seen blue-chip stocks build solid winning streaks.

has risen in four back-to-back sessions, while has notched five straight positive days. Outside of technology, has also climbed in five consecutive sessions, while 's winning streak has hit six days.

European stocks move lower

It's 8:41 a.m. in London, and regional stocks are slightly lower following mixed trade immediately after the opening bell.

The Stoxx Europe 600 index is down by 0.1%, inching lower from a 0.1% rise. Sectors and major bourses are currently in mixed territory, with France's leading losses on a drop of around 0.4%.

— Chloe Taylor

Trading platform eToro prices IPO at $52 a share

Stock and crypto trading platform eToro has priced its shares at $52 apiece for its initial public offering.

The company, which is expected to debut on the Nasdaq under the ticker ETOR, originally planned to sell its shares in a range of $46 to $50 each.

Though eToro had previously filed for an IPO in March, it set those plans aside amid tariff uncertainty.

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Darla Mercado

Fintech player Chime files paperwork for initial public offering

Chime, a San Francisco-based fintech firm, Tuesday to go public on the Nasdaq.

The company expects to list its shares under the symbol "CHYM."

While the company itself isn't a bank, it works with The Bancorp Bank N.A. and Stride Bank N.A. to provide services to its customers. Available services include high-yield savings accounts, secured credit cards and a peer-to-peer payment tool.

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Darla Mercado

Robinhood reports rise in customers and trading volume for April

announced Tuesday afternoon that it saw a rise in customers and trading volumes in April, as volatility around President Donald Trump's tariff announcements rocked markets.

The brokerage firm said that funded customers rose by roughly 120,000 month over month in April to 25.9 million. Notional for equities hit $157.8 billion, up 26% from March.

"It was one of the best months we've ever had for deposits. So they're bringing in fresh powder to take advantage of the opportunities that they saw with some of this tariff news," Steve Quirk, Robinhood's chief brokerage officer, said Tuesday on "."

— Jesse Pound

American Eagle tumbles after pulling full-year guidance

Shares of fell nearly 15% after the apparel company withdrew its full-year guidance.

American Eagle also released for the first quarter, saying it expects to report a revenue decline of roughly 5% to $1.1 billion and an operating loss of $85 million.

The company said the loss was due in part to higher than planned promotional activity and a write-down of inventory.

"We are clearly disappointed with our execution in the first quarter. Merchandising strategies did not drive the results we anticipated, leading to higher promotions and excess inventory. As a result, we have taken an inventory write down on spring and summer goods," Jay Schottenstein, AEO's executive chairman of the board and CEO, said in a press release.

Shares of and were also under pressure in light after hours trading, possibly in sympathy with the American Eagle move.

— Jesse Pound

Stock futures open little changed

The futures market was calm when trading resumed at 6 p.m. in New York. Futures for the S&P 500, Dow and Nasdaq 100 were all within 0.1% of the flatline.

— Jesse Pound

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