Nvidia's Strong Quarter Boosts Tech Stocks in Futures Trading
TL;DR Summary
Nasdaq-100 futures rose 2.2% after Nvidia issued a strong sales forecast due to rising demand for artificial intelligence technology, boosting other chip makers and shares tied to the AI boom. Meanwhile, investor anxiety starts to show in other areas of the market as the US debt-ceiling deadline looms, with Fitch placing the US's triple-A credit rating on negative watch. Stock futures mostly gained, with contracts tied to the S&P 500 adding 0.8%, while those tied to the Dow fell 0.2%.
- Stock Market Today: Dow Futures Edge Lower; Nvidia Boosts Nasdaq Futures The Wall Street Journal
- S&P 500 and Nasdaq futures jump after Nvidia's blockbuster quarter: Live updates CNBC
- Dow Jones Futures Fall, But Techs Jump: Nvidia Surges On Earnings, Guidance, AI Stocks Rally | Investor's Business Daily Investor's Business Daily
- Morning Bid: AAA fears vie with AI frenzy Reuters
- Two of the world's most critical chip firms rally after Nvidia's 26% share price surge CNBC
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