Wall Street is set to open on an uneven note on Thursday morning after setting new records the previous day, marking a pause after the upward movement triggered by renewed appetite for AI-related stocks.

Half an hour before the opening, New York index futures were hovering around equilibrium, signalling an opening without much change.

All US indices gained ground last night, with the S&P 500 even setting a new all-time high above 6,100 points during the session.

The White House's launch, on Tuesday evening, of a gigantic investment plan in AI helped to bolster the feeling of confidence that has prevailed on the markets for the past ten days or so.

The Dow Jones and Nasdaq also returned yesterday to within a few hundred points of their December peaks.

Beyond the optimism surrounding AI, Wall Street was buoyed by Netflix's better-than-expected results (+9.7%), deemed a good omen ahead of the tech giants' earnings releases scheduled for next week.

Although most traders continue to be pleased with the solid economic outlook and the ongoing craze for AI, the possibility of a return to a trade war could affect equities.

Upon taking office, Donald Trump made no secret of his intention to implement new tariffs on imports from Canada, Mexico and China, which could in turn retaliate by unveiling retaliatory measures.

Companies that publish their results remain the main drivers of the trend.

Investors will be watching for the publication of Texas Instruments' results after the close of Wall Street, which will be closely followed to anticipate the next publications of other chip manufacturers.

Meanwhile, aerospace equipment supplier GE Aerospace is expected to rise by over 7% after ending 2024 on a high note, with orders up 46% in the fourth quarter.

Investors are also keeping an eye on economic indicators with less than a week to go before the Federal Reserve meeting.

The Labor Department reported an increase of 6,000 to 223.000 in jobless claims last week, showing that the labor market is continuing to slow down.

On the currency markets, the euro confirms its recent recovery, climbing back above $1.0410.

Bitcoin erases its gains after hitting the $109,000 threshold in the wake of Donald Trump's return to the White House, leading it to fall back to around $104,000.000 dollars.

Benchmark bond yields are little changed: the ten-year yield is up by two basis points at 4.62%.

Oil prices are back up slightly as we await the release of weekly US inventory figures later this morning.

Light American crude (WTI) is trading at around 75.6 dollars a barrel, up 0.2%.

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