Markets · Brief

US Stock Futures Slip After a Tech-Led Rally

Futures fell on Thursday, a day after the Nasdaq gained 1.6% and the S&P 500 1.3%.

Kunkafa News · Published · 2 min read

Kareem FaridBy Discuss with the author on X

Key points

  • The Nasdaq Composite closed 1.6% higher at 25,466.19 on Wednesday.
  • Nasdaq 100 and S&P 500 futures fell on Thursday morning as Nvidia dropped.

The S&P 500 gained 1.3% to end at 7,619.38 on Wednesday and the Dow rose 0.49% to 52,486, according to Yahoo Finance.

On Thursday morning futures turned lower, led by Nvidia after a report on its leadership. The dollar also firmed as traders priced in a higher chance of a Federal Reserve rate rise.

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