Traders work as the New York Stock Exchange opens on November 13, 2024 in New York City.
Angela Weiss | AFP | Getty Images
S&P 500 Index Futures Prices were mostly flat on Friday, but major U.S. stock indexes maintained their weekly gains.
Futures tied to broad market indexes edged down just 0.1%, while Nasdaq 100 Futures down 0.2%. Futures and Dow Jones Industrial Average An increase of 35 points, or 0.1%.
NVIDIAPopular artificial intelligence stocks that reported earnings on Wednesday fell 0.5% in pre-market trading. meta platform and letter Also lower.
The moves come after a positive day on Wall Street. Dow Jones rises over 400 points S&P 500 Index Add 0.5%. on the other hand, Nasdaq Index Only a small increase.
All three major stock indexes are expected to rise this week, led by the Nasdaq’s 1.56% gain. That’s a change from last week, when Wall Street’s post-election rally stalled.
“I think the market is finally finding its footing for two reasons: one is recovering from the post-election hangover after the first week, and two is the reaction to Nvidia,” Nuveen chief information officer Saira Malik said on “Closing Bell.” Profitable response.
Earnings reports are driving market action in extended trading. shares gap The company’s shares rose 15% after the company beat profit expectations and raised full-year sales guidance. However, Intuit The company fell more than 3% even though it reported quarterly revenue and profit that beat estimates.
On Friday, investors will learn about the preliminary PMI report for November as well as the latest consumer confidence index.
Investors will also be watching Bitcoin, which is trading just shy of the long-awaited $100,000 milestone.
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