US Stock Market LIVE Updates: Dow Jones futures steady as treasury yields dip, dollar weakens

US Stock Market LIVE Updates: US stock futures were relatively flat on Wednesday (May 14), signalling a potential pause in the recent rally that has pushed major indices higher. S&P 500 futures dipped 0.1%, Nasdaq-100 futures edged down 0.1%, and Dow Jones Industrial Average futures declined by 32 points, or 0.1%.

US Stock Market LIVE Updates: US stock futures were relatively flat on Wednesday (May 14), signalling a potential pause in the recent rally that has pushed major indices higher. S&P 500 futures dipped 0.1%, Nasdaq-100 futures edged down 0.1%, and Dow Jones Industrial Average futures declined by 32 points, or 0.1%. This follows a strong performance on Tuesday, where the S&P 500 turned positive for the year, buoyed by easing inflation data and optimism surrounding trade developments. In currency markets, the US dollar weakened by 0.4%, influenced by discussions between the US and South Korea regarding currency policies. European markets showed modest declines, with the Stoxx Europe 600 index falling 0.2%. Notably, shares of British luxury fashion brand Burberry surged up to 9.6% after the company announced plans to cut approximately 1,700 jobs, nearly 20% of its global workforce, as part of a strategic turnaround initiative led by CEO Joshua Schulman.