Dow Jones Futures Rise, Tesla Shareholders OK Elon Musk Pay
Digest more
Investor's Business Daily on MSN
Stock Market Today: Dow Jones Index Falls; Nvidia Slides On AI Chip News (Live Coverage)
The Dow Jones index dropped Friday, as Nvidia stock declined on AI chip news, threatening to extend its losses.
US stock futures edged up on Friday, hinting at a modest rebound from a steep tech-led sell-off as investors weighed signals on the jobs market and the odds of overdone AI valuations. In the latest sign of tech faith,
Tesla stock was up 0.5% in premarket trading at $464.22, while S&P 500 and Dow Jones Industrial Average futures were up 0.2% and 0.1%, respectively. Shares closed at $462.07 on Wednesday, just the seventh time shares have closed above $460.
Market participants are weighing still-solid earnings against both expectations and an increasingly opaque economic picture.
ADP private payrolls took center stage as the US shutdown, which has stifled the flow of official data, became the longest ever.
S&P 500 futures are down 0.1%. Dow Jones Industrial Average futures are dipping 0.1%. Nasdaq 100 futures are falling 0.2%. On Wednesday, the Dow Jones Industrial Average rose 226 points, or 0.48%, to 47,
US stock market ended mixed on Monday as investors chased the AI trade after a wave of billion-dollar tech deals. Nasdaq rose 0.46% to 23,834.72, the S&P 500 gained 0.17% to 6,851.97, but the Dow fell 0.
According to The Kobeissi Letter on X, foreign investors have been pouring into U.S.-listed stocks in recent months, with the figure touching $22 billion “so far in October,” which it says is the highest since June, according to data by Goldman Sachs.
Shares of Tesla fell Thursday, a day after the company said its third-quarter profit dropped 37% and that capital spending would ramp up next year. Chief Financial Officer Veibhav Taneja said on the company's earnings call Wednesday that capital ...
Nvidia's stock is extending its declines, down 2.7% in Thursday action and bringing its three-day slide to 8.2%. Just how big is that? Dow Jones Market Data noted that Nvidia is on course to erase $413 billion from its market capitalization over this three-session stretch.