Traders work during the Alliance Laundry Holdings Inc. initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, Oct. 9, 2025.

Michael Nagle | Bloomberg | Getty Images

Stock futures were little changed Friday, a day after after both the S&P 500 and the Nasdaq Composite closed lower, retreating slightly from all-time highs.

S&P 500 futures and Nasdaq 100 futures fell marginally, while futures tied to the Dow Jones Industrial Average added 22 points.

The federal government shutdown dragged into its 10th day on Friday. On Thursday, the Senate failed for a seventh time to pass a stop-gap funding proposal. There are few signs that Republicans and Democrats are making progress on negotiations.

With the stalemate continuing, investors are struggling to find catalysts due to a lack of economic data from the U.S. government. Earnings reports on Thursday from companies like Delta Air Lines and PepsiCo were positive and offered some sense of consumer demand. However, they weren’t enough to sustain a rally in stocks on Thursday.

Still, both the S&P 500 and the Nasdaq could eke out small gains for the week of 0.3% and 1.1%, respectively. The 30-stock Dow, however, is pacing for a 0.9% drop.

Declines in the Dow would we steeper if not for Nvidia regaining some momentum this week. After CEO Jensen Huang told CNBC that computing demand has “gone up substantially” this year, the stock has regained some momentum. Shares have logged a 2.6% gain week to date.

“Markets are trying to balance a few things because we are navigating a little blind because of the government shutdown,” Fundstrat’s Tom Lee said Thursday on CNBC’s “Closing Bell.”

However, earnings season is set to begin in earnest next week, with several banks such as Citigroup and JPMorgan slated to post their third-quarter results. Data on U.S. consumer sentiment is scheduled to be released Friday morning at 10 a.m. ET.