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.
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