Nasdaq 100 Index
U.S. stocks rose after Nvidia, the world’s most valuable chipmaker, reported better-than-expected third-quarter results and gave a positive outlook.
Dow futures rose 24 points, or 0.07%. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.5%.
Most Asian stocks fell Wednesday as the dollar held around a one-year high, bolstered by robust U.S. economic data that highlighted the case for tighter monetary policy and pushed up Treasury yields.
U.S. equity futures drifted after a report showed the biggest jump in U.S. retail sales since March. Meanwhile, traders awaited decision from the White House on who the next Federal Reserve head will be.
U.S. futures rose amid optimism that companies can weather the supply-side crisis and central banks will keep fueling stock rallies. Treasuries were steady.
U.S. stock futures were lower during overnight trading on Monday after the major averages closed at records, boosted by strength in infrastructure stocks.
Stock futures were muted in early morning trading Friday ahead of the highly anticipated October jobs report. Futures on the Dow Jones Industrial Average fell 24 points, while S&P 500 futures and Nasdaq 100 futures both hovered above the flatline.
