US economy grew at half the expected pace in the fourth quarter, dragging futures lower

US stock futures slipped further into negative territory after data showed the American economy expanded at an annualised rate of just 1.4% in the final three months of 2025, well short of the 2.9% economists had forecast. The Nasdaq is now expected to open 0.5% lower, with the S&P 500 and Dow pointing to falls of 0.33% and 0.25% respectively.