Nvidia surge boosts Nasdaq futures while debt-ceiling debacle damps Dow

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

U.S. stock futures were mixed as Nvidia results boosted tech but debt-ceiling concerns weighed on the Dow.

U.S. stock futures were mixed Thursday as Nvidia results boosted tech but debt ceiling concerns weighed on the Dow.

How are stock-index futures trading On Wednesday, the Dow Jones Industrial Average DJIA fell 256 points, or 0.77%, to 32800, the S&P 500 SPX declined 30 points, or 0.73%, to 4115, and the Nasdaq Composite COMP dropped 76 points, or 0.61%, to 12484. “The prospect of the U.S. government being unable to meet its financial obligations continues to be a key influence on investor sentiment in global equity markets,” said Derren Nathan, head of equity research at Hargreaves Lansdown.

However, results and comments from chipmaker Nvidia NVDA , whose stock is soaring 25% in premarket action, have boosted hopes that AI will deliver the next period of strong growth for a number of tech companies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market news today: Nasdaq, Dow dive as debt-ceiling talks continueUS stocks slide as Washington lacks movement on reaching a debt-ceiling agreement
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market today: Dow closes lower as debt-ceiling standoff, slip in tech bite By Investing.com⚠️BREAKING: *S&P 500, NASDAQ BOTH DROP OVER 1% AS U.S. STOCKS SINK ON DEFAULT FEARS 🇺🇸🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »