US stocks held steady after President Trump visited the Federal Reserve and Wall Street digested the latest batch of corporate earnings.

(Reuters) -Wall Street futures held steady on Friday as investors took a breather following record closes for the S&P 500 and the Nasdaq in the previous session and awaited clarity on trade negotiations ahead of next week's tariff deadline.

With earnings season in focus, 17 consumer discretionary/cyclical names reported their quarterly results last week, with names like Tesla (NASDAQ:TSLA), General Motors (NYSE:GM), Chipotle Mexican Grill (NYSE:CMG),

For anybody hunting for parallels between contemporary markets and 1999, BTIG’s Jonathan Krinsky has a chart that might be of interest.

Two companies have recently seen their stock prices head higher on optimism about the future growth in AI spending. Palantir Technologies (NASDAQ: PLTR) shares are up 93% from their April low, as of this writing. Taiwan Semiconductor Manufacturing (NYSE: TSM) is up 67% in that same period.

Nasdaq (NASDAQ:NDAQ) shares gapped up 6.4% in Thursday morning trading after its second-quarter earnings and revenue rose past the consensus, with all three of its business units logged solid gains.

Nasdaq CEO said on Thursday the strong performance of recent large-cap IPOs has improved the outlook for new listings, riding high after beating second-quarter profit estimates that sent the exchange operator's shares up 7%.

While the Nasdaq 100 (^NDX) is filled with cutting-edge technology and consumer companies, not all are on solid footing. Some are dealing with declining demand, high costs, or regulatory pressures that could limit future upside.