Futures, Inflation
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14h
Investor's Business Daily on MSNDow Jones Futures: Nvidia Chipmaker Taiwan Semiconductor, GE Aerospace Rise On Earnings; Netflix LoomsDow Jones futures were little changed early Thursday, along with S&P 500 futures and Nasdaq futures. NvidiaNVDA chipmaker Taiwan SemiconductorTSM and GE AerospaceGE jumped on strong earnings and guidance.
Asian stocks trade mixed on Wednesday, followed by a weak lead from Wall Street overnight, as hotter-than-expected June inflation data reignited concerns about prolonged high interest rates and potential import levies Meanwhile,
June inflation data released Tuesday represented an increase from May levels, despite the headline numbers matching expectations.
U.S. stock futures were mostly higher Tuesday after Nvidia set it's likely to resume sales of key chips to China, with a key inflation report and bank earnings on the way. Dow Jones Industrial Average futures fell 71 points,
Stock futures are higher this morning as investors unpack inflation data and a mixed bag of bank earnings. News that Nvidia (NVDA) plans to resume sales of its H20 AI chip to China is giving tech stocks a boost, and futures on the Nasdaq-100 Index (NDX) are up triple-digits following the Nasdaq Composite's (IXIC) record close yesterday.
Stock futures were little changed on Wednesday evening after the S&P 500 recouped some of its losses from this week's tariff-fueled slide. S&P 500 futures traded just below the flatline, along with Nasdaq 100 futures. Futures tied to the Dow Jones Industrial Average were down 37 points, or less than 0.1%.
Jim Cramer believes that Nvidia Corp. (NASDAQ:NVDA) is poised to get a significant boost with the U.S. government assuring licenses for the sale of its H20 chips or general processing units to China,