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Stock Futures Climb to Start June Trading, Led by Nvidia’s New Chip Launch

Stock futures rose on Monday as Wall Street aimed to start June on a positive note, with Nvidia leading the tech sector higher after launching a new PC chip.

Futures for the Dow Jones Industrial Average gained 160 points, or 0.3%.

Meanwhile, S&P 500 and Nasdaq-100 futures increased by 0.2% and 0.1%, respectively.

In premarket trading, Nvidia shares jumped over 2% following the announcement of a new processor for personal computers.

Dell Technologies and HP Inc also gained, rising more than 1% and approximately 4%, respectively. Conversely, Intel, a longtime leader in PC chips, declined over 6%.

Source (CNBC)

SourceCNBC
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