Nasdaq futures poised to lead stock market higher
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Major stock indexes ended sharply lower to begin the week, which will see AI darling Nvidia and retail giants report quarterly results, as well as the release of the September jobs report delayed because of the U.
Stocks recovered from steep losses following the market's worst day in over a month, erasing weeks of gains and pulling back from record highs.
Stocks finished lower on Monday, with the Dow Jones Industrial Average and S&P 500 suffering their third straight day of losses.
AI pioneer Nvidia was again the heaviest weight on the market. The chipmaker's drop of 3.2% brought its loss for the month to nearly 11%, putting it in "correction" territory, or when a stock falls at least 10% from its previous high. The company is scheduled to report is third-quarter financial results on Wednesday.
Dow fell 613 points. The S&P 500 slid 1.2% for a fourth straight loss. The Nasdaq dropped 1.7%. Tech led the sell-off. Nvidia fell 3% and is down 10% this month. Amazon and Microsoft also sank. Bitcoin hit $89,
Stock futures pointed lower Tuesday after the three major indexes sold off to begin the week. Futures associated with the blue-chip Dow Jones Industrial Average, benchmark S&P 500
Global equity markets pulled back as investors reduced risk after a strong multi-week rally. The S&P 500 fell more than 1% in early New York trading, while
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US stock futures today: Dow, S&P 500, Nasdaq slip as AI stocks fall and Bitcoin breaks below $90,000
US stock market futures fell today as the S&P 500 extended a three-day slide. Nvidia and Oracle dropped again as investors questioned high AI valuations and rising data-center debt. Dow futures slipped 140 points or 0.
The Dow and the S&P 500 climbed, while the Nasdaq fell, as the stock market awaits more news on the government shutdown.
Gift Nifty was trading around 26,001 level, a discount of nearly 59 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.