Stock market today: US futures tread water with Dow poised for another bid for 40,000

US stock markets showed modest gains with the Dow Jones Industrial Average stabilizing after nearly reaching the 40,000 mark. Both the S&P 500 and Nasdaq Composite saw slight increases. Federal Reserve officials hinted that high interest rates might persist, tempering expectations for a rate cut despite positive inflation data. Meanwhile, Reddit's stock surged 15% following a partnership announcement with OpenAI, while GameStop shares fell sharply due to anticipated declines in first-quarter sales.