U.S. and European equity futures rose Friday along with most Asian stocks amid optimism that the pandemic recovery can weather elevated inflation and tightening monetary policy.
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%.
European stocks are expected to open around the flatline on Thursday amid market concerns around the region’s inflation outlook.
The U.K.’s FTSE index is seen opening 6 points lower at 7,281, Germany’s DAX 2 points lower at 16,248, France’s CC 40 down 3 points at 7,155 and Italy’s FTSE MIB 10 points lower at 27,651, according to data from IG.