S&P 500 futures were relatively unchanged on Thursday after the S&P 500 posted its first winning session in four, with investors shaking off the latest sell-off in technology stocks.
Futures tied to the broad market average traded just below the flatline, while Nasdaq-100 futures were off 0.3%. Futures linked to the Dow Jones Industrial Average gained 10 points.
In Asia, Japan's Nikkei 225 added over 1% while the Topix rose 1.14% on Friday. The Kospi advanced 1.22% at open, and the small-cap Kosdaq gained 1.28%. Australia's benchmark S&P/ASX 200 was 0.83% higher.
The three major U.S. averages finished Thursday's session in the green as investors rotated out of key tech names and into other parts of the market. The S&P 500 finished up roughly 0.3%, while the Nasdaq Composite lagged, inching up only about 0.1%. Both snapped a three-day losing streak. The Dow was the leader among the three, jumping more than 500 points, or around 1.1%.
A slide in stocks related to the artificial intelligence trade, especially those in the memory chip space, has weighed on the market this week amid jitters about competition from China. Micron Technology, which finished higher Thursday, is on pace for a decline of more than 9% on the week. Others like Seagate Technology and Western Digital are also pacing for a losing week.