Investments seeking to add to the benchmark’s most recent record high saw S&P 500 futures rise on Thursday morning.
Whilst Nasdaq 100 futures increased by 0.6%, futures linked to the broad market index saw a 0.4% increase. Next week’s Dow Jones Industrial Average futures increased by 33 points, or 0.1%.
Following the S&P 500’s and Nasdaq Composite’s new record-setting performances on Tuesday, stocks are poised for success this week. On Wednesday, in observance of Juneteenth, the stock market was shut.
Leading the way, Nvidia overtook Microsoft to become the world’s most valuable corporation. It is a chipmaker and artificial intelligence star. With the AI growth driving up equity values, Nvidia’s stock has increased 174% in 2024. The stock moved higher by 2.9% on Thursday.
Source (CNBC)
