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Tech Boom Powers US Stock Futures Ahead Of GDP Update
Tech Boom Powers US Stock Futures Ahead Of GDP Update

Int'l Business Times

time11 hours ago

  • Business
  • Int'l Business Times

Tech Boom Powers US Stock Futures Ahead Of GDP Update

U.S. stock futures are surging as investors weigh the impact of tech earnings against upcoming economic data. According to Reuters, futures for the S&P 500 rose 0.4%, Nasdaq‑100 futures climbed 0.5%, and Dow futures ticked up 0.3% in early trading Thursday. This rally follows a truce in the Israel‑Iran conflict, which eased geopolitical tensions and lifted risk sentiment across markets, Investopedia reported. The strength of tech was front and center: Micron Technology's bullish revenue forecast—boosted by surging AI-driven data center demand—sent its shares up 1.3% pre-market, while Marvell and AMD also rallied around 2–3%. Notably, Nvidia hit a new all-time high, briefly becoming the world's most valuable company with a market capitalization of approximately $3.77 trillion. Microsoft, Nvidia's teammate in the AI arms race, similarly marked fresh peaks, underscoring the sector's leadership role. Economic data this morning painted a mixed picture: the Commerce Department confirmed a first-quarter GDP contraction of 0.5%, deeper than initially thought, attributed mainly to a surge in imports ahead of tariff hikes. However, jobless claims declined, hinting at a resilient labour market, as reported by Reuters. While markets digest this duality, Federal Reserve Chair Powell has urged patience on rate cuts—though President Trump is reportedly exploring a replacement before the term ends, adding political uncertainty. Nonetheless, futures now price in roughly 63 basis points of easing by year-end, with the first cut anticipated around September. Investors are now eyeing Friday's release of the Personal Consumption Expenditures report, the Fed's preferred inflation measure, for clues about monetary policy direction. In the meantime, tech earnings continue to steer the market, offering a cushion against macroeconomic ambiguity heading into the second half of 2025.

US stock futures rise: Dow, S&P 500, and Nasdaq edge higher as Nvidia, BlackBerry, and QuantumScape rally
US stock futures rise: Dow, S&P 500, and Nasdaq edge higher as Nvidia, BlackBerry, and QuantumScape rally

Time of India

time14 hours ago

  • Business
  • Time of India

US stock futures rise: Dow, S&P 500, and Nasdaq edge higher as Nvidia, BlackBerry, and QuantumScape rally

US Stock futures tick higher as S&P 500 nears record high: what's driving market optimism today?- US Stock futures nudged upward early Thursday as Wall Street eyes another potential record for the S&P 500, which is now less than 1% below its all-time high. After a quiet session on Wednesday, where the index closed nearly flat, investors are watching closely as market momentum builds. As of the early morning hours, S&P 500 futures rose 0.3%, Nasdaq 100 futures climbed 0.4%, and Dow Jones Industrial Average futures added 126 points or 0.2%. Markets have gained steadily in recent months, with the S&P 500 up more than 22% since its April low, which was triggered by tariff fears at the time. While those trade worries have cooled, some experts remain cautious about how long the current rally can last. Dow Jones futures are up 109 points , signaling a positive open. S&P 500 futures are higher by 20.5 points , pointing to more record-chasing. Nasdaq-100 futures gained 109 points , fueled by fresh momentum in tech stocks. This uptick comes as markets digest cooling inflation data and encouraging signs from Federal Reserve Chair Jerome Powell, who hinted at flexibility in upcoming policy moves. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Thao Dien: Unsold Furniture Liquidation 2024 (Prices May Surprise You) Unsold Furniture | Search Ads Learn More Undo U.S. Stock Market Futures Overview S&P 500 Futures Pre-market futures are up around 0.31–0.37% , trading near all‑time highs—about 22% higher since April lows E-mini S&P 500 futures are currently around 6,169.75 , a rise of ~ 0.01% in the past 24 hours Live Events Nasdaq‑100 Futures E-mini Nasdaq‑100 futures have gained approximately 0.44% , now trading in the 22,560–22,570 range Dow Jones Futures Dow futures are up by about 0.21–0.29% in pre-market activity Which major earnings are on the radar today? Earnings season continues, and two big names are in the spotlight today: Walgreens is set to report before the bell, giving a glimpse into the health of the retail pharmacy sector. Nike will announce its results after market close, with investors eager to see how the brand is handling changing consumer spending trends. Strong earnings could help sustain the current rally, especially as the market tests new highs. Which stocks are moving the most today? Top gainers: Nvidia (NVDA) jumped 4.3% , hitting yet another all-time high after analysts boosted their price targets amid soaring AI demand. QuantumScape (QS) soared 31% following positive developments in its battery technology, reviving EV excitement. BlackBerry (BB) rallied 13% after beating earnings estimates and raising its guidance. AeroVironment (AVAV) surged 22% , driven by strong revenue and defense-sector optimism. Yum! Brands (YUM) got a nice bump after receiving a key analyst upgrade. Stocks under pressure: Paychex (PAYX) tumbled nearly 10% after missing revenue forecasts and issuing cautious commentary. FedEx (FDX) dropped around 4% — despite beating earnings, the company's weak outlook spooked investors. General Mills (GIS) fell over 5% as consumer demand appeared soft despite an earnings beat. Tesla (TSLA) slid nearly 4% , pressured by declining EV sales in Europe and ongoing price cut concerns. What are the key ETFs doing right now? SPDR S&P 500 ETF (SPY) is trading around $607.12 , up slightly in pre-market action. Invesco QQQ Trust (QQQ) , which tracks the Nasdaq-100, is sitting near $541.16 , reflecting strong demand for tech. Why is the S&P 500 rallying again and how close is it to the record? The S&P 500 has been riding a steady upward wave, now within less than 1% of its record set in February. The rally has been fueled by easing geopolitical fears, improved investor sentiment, and better-than-expected corporate earnings. The benchmark index has recovered more than 22% from its April closing low when fears over U.S. tariffs spooked investors. The return of market optimism comes as the One Big Beautiful Bill Act, championed by President Donald Trump, continues to stir debate over fiscal policy and its long-term economic impact. Are tensions in the Middle East easing and what's Trump's stance? One key reason behind the recent calm in the markets is the perceived de-escalation in the Middle East. President Trump confirmed on Tuesday that a ceasefire between Israel and Iran is now in place, even though he expressed frustration, saying he's 'not happy' with how both sides have handled the situation. Despite these concerns, the ceasefire seems to be holding for now. Meanwhile, diplomatic efforts continue. A U.S.-Iran meeting is scheduled for next week, which could further stabilize global markets if progress is made. What do Wall Street experts say about the stock market momentum? Not everyone is convinced that this bullish trend will last. Komal Sri-Kumar, president of Sri-Kumar Global Strategies, told CNBC's Power Lunch on Wednesday, 'The various macro factors that I'm looking at seem to suggest that there's no way this situation can continue.' He pointed to several risks: ongoing global tensions, Trump's tariffs, and the potential fiscal consequences of new legislation. There's growing concern that fiscal deficits might widen under the current administration's economic plans, adding pressure on the long-term outlook. What economic data are investors waiting for today? Markets are closely watching weekly jobless claims data, set to be released at 8:30 a.m. ET Thursday. This report offers a key look at how the labor market is performing — a crucial factor in shaping Fed policy and investor expectations. A stronger-than-expected number could boost confidence, while a weak showing might add pressure on stocks. Can stock futures lead to a new S&P 500 record? With stock futures ticking higher, all eyes are on whether the S&P 500 can break through its February peak. While recent gains are encouraging, concerns about global politics, U.S. fiscal health, and corporate performance still loom. Investors should remain alert as key earnings and data releases continue to shape the market's next move. Whether this rally can hold or falter will depend on how the economy and policy decisions play out in the coming weeks — and how much risk appetite investors still have left. FAQs: Q1: Why are stock futures rising today? Stock futures are up due to easing global tensions and upcoming economic data. Q2: How close is the S&P 500 to its record high? The S&P 500 is now within 1% of its all-time peak.

US Stock market future today: Dow, S&P 500 and Nasdaq futures flat as US-China trade talks continue and investors await key CPI inflation data
US Stock market future today: Dow, S&P 500 and Nasdaq futures flat as US-China trade talks continue and investors await key CPI inflation data

Economic Times

time10-06-2025

  • Business
  • Economic Times

US Stock market future today: Dow, S&P 500 and Nasdaq futures flat as US-China trade talks continue and investors await key CPI inflation data

Major U.S. Indices & Futures (Premarket – June 10, 2025) Index/Future Status Dow Jones Futures Slightly lower (~–0.06 %) S&P 500 Futures Flat to marginally positive (+0.00 %) Nasdaq Futures Up around +0.07 % (tech‑led optimism) Premarket Top Gainers Insmed Inc. (INSM) : +17.1 % : +17.1 % Casey's General Stores (CASY) : +10.2 % : +10.2 % Summit Therapeutics (SMMT) , Circle Internet Group (CRCL) , IDACORP (IDA) : each up ≥3 % , , : each up ≥3 % From broader premarket screen: Evogene (EVGN) : +164 % Magic Empire Global (MEGL) : +128 % Carisma Therapeutics (CARM) : +77 % Premarket Top Losers United Therapeutics (UTHR) : –12.9 % : –12.9 % J.M. Smucker Co. (SJM) : –7.9 % : –7.9 % Others from broader list: Unicycive Therapeutics (UNCY) : –45 % Baiya International (BIYA) : –40 % Calavo Growers (CVGW) : –14 % Yesterday's Regular Session Highlights (June 9, 2025) S&P 500 : +0.09 %, closing around 6,005.9 : +0.09 %, closing around Dow Jones : Flat, around 42,761.8 : Flat, around Nasdaq Composite: +0.31 %, near 19,591.2 Helmerich & Payne : +5.43 % : +5.43 % Vornado Realty Trust : +5.26 % : +5.26 % Regeneron : +5.02 % : +5.02 % AMD : +4.72 % : +4.72 % Tesla: +4.36 % Live Events Edison International : –8.05 % : –8.05 % PG&E : –6.60 % : –6.60 % Universal Health Services : –6.18 % : –6.18 % Intuitive Surgical : –5.58 % : –5.58 % Mosaic: –5.01 % Why are US-China trade talks causing market caution? Market Overview Futures and ETFs are mostly subdued , with S&P‑500‑tracking SPY nearly flat, Dow‑tracking DIA dipping slightly, and QQQ (Nasdaq‑100) modestly positive. , with S&P‑500‑tracking SPY nearly flat, Dow‑tracking DIA dipping slightly, and QQQ (Nasdaq‑100) modestly positive. This calm premarket behavior reflects investor caution amid day‑two U.S.–China trade talks in London. What happened to Chinese stocks amid the talks? How are small businesses reacting in the US? Key Drivers U.S.–China Trade Negotiations: Futures show minimal movement, echoing mixed signs of progress as both sides look to ease export controls in return for rare-earth supply concessions. Precedence of U.S. Inflation Data: The market is eagerly awaiting the Consumer Price Index on Wednesday, which could significantly influence rate expectations. Sector-Specific Movers: Growth in semiconductor stocks like TSMC is propping up the tech-heavy Nasdaq futures. Apple fell slightly after its WWDC updates, while Meta's AI announcement also captured investor attention What are analysts watching next in the stock market? What's the big takeaway for investors right now? FAQs: (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel US stock market futures traded in a narrow range on Tuesday, with investors cautiously watching the second day of US-China trade talks unfold. After a positive start to discussions, traders are waiting to see if any concrete progress will be made, particularly around rare earth minerals access, which has become a key sticking tied to the Dow Jones Industrial Average (YM=F), S&P 500 (ES=F), and Nasdaq 100 (NQ=F) were mostly flat in early morning trading. This hesitant tone reflected the market's uncertainty about whether this round of trade negotiations will lead to any breakthroughs — or just more delays.: Boeing +3.07 %, Dow Inc +2.87 %, Intel +1.94 %, Amazon +1.51 %, Disney +1.49 %: Travelers –2.19 %, Nike –1.45 %, Apple –1.37 %, Visa –1.04 %, 3M –0.93 %: Regeneron +5.02 %, AMD +4.72 %, Tesla +4.36 %, Qualcomm +4.12 %, Texas Instruments +3.49 %: Intuitive Surgical –5.58 %, T‑Mobile –3.28 %, ADP –2.60 %, Netflix –1.46 %, Apple –1.37 %The latest round of US-China trade negotiations resumed in London on Tuesday morning. Following an encouraging first day, both sides are now grappling with more difficult issues — including the US push for better access to China's rare earth mineral supply chain. These minerals are critical for technology, electric vehicles, and defense White House officials sounded optimistic on Monday, President Trump later warned that "China's not easy" to deal with. That mixed messaging has left investors on edge. The last few years have shown how quickly tariffs and tensions between the US and China can send global markets of Tuesday's trade discussions, Chinese stocks saw a sharp decline, reflecting nervous sentiment among local investors. According to Bloomberg, Fu Shifeng, investment director at Cheng Zhou Investment, commented that 'the market is too sensitive… people seem to be speculating that the talks didn't go well.'This sudden drop suggests that optimism about a deal is thin, and the lack of transparency around the talks is adding to the volatility. With no clear signals yet, traders are bracing for all the trade uncertainty, a small glimmer of positivity came from the NFIB (National Federation of Independent Business). Their May survey showed a rise in small-business optimism, the first increase since September. The report cited the current trade truce with China as one reason behind the boost in that optimism is also being tested. Concerns are growing over President Trump's massive tax-and-spending proposals, which many business owners feel could raise the national debt and increase next big moment for investors is the release of the May Consumer Price Index (CPI) data, expected on Wednesday. This inflation report is crucial, especially as the Fed continues weighing future interest rate predict that price pressures picked up in May, possibly fueled by trade uncertainty and higher import costs. A hotter-than-expected CPI reading could spook markets further, especially tech stocks which are more sensitive to interest rate are walking a tightrope. US-China trade talks have the potential to ease global tensions and lift investor sentiment — but only if they show meaningful progress. At the same time, inflation data, US fiscal policy concerns, and overseas market volatility are keeping things now, investors are taking a wait-and-see approach. Futures are flat, volatility is rising in Asia, and every headline from London could move the needle. The next 24–48 hours could be critical in setting the tone for the markets this US-China talks and inflation worries are keeping stock futures flat and investors CPI report could reveal rising inflation, which may affect Fed rate decisions and stock market direction.

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