Traders work as the New York Stock Exchange opens on November 13, 2024 in New York City.
Angela Weiss | AFP | Getty Images
Stock futures were slightly lower Thursday night, with Wall Street’s three major indexes expected to end the week higher.
Futures and Dow Jones Industrial Average It was down 14 points, or less than 0.1%. S&P 500 Index Futures fell 0.1%, while Nasdaq 100 Futures down 0.2%.
The move in futures comes a day after a modest gain on Wall Street.
Thursday, The Dow rose about 462 pointsor 1.06%, and S&P 500 Index Add 0.53%. this Nasdaq Index Little changed, closing up 0.03%. shares NVIDIA It closed up 0.5% after hours Profit better than expectedthe largest company in the U.S. market can maintain its bargaining power as earnings season ends.
All three major stock indexes are expected to rise this week, led by the Nasdaq’s 1.56% gain. That’s a change from last week, when Wall Street’s post-election rally appeared to be stalling.
“I think the market is finally finding its footing for two reasons: one is recovering from the post-election hangover after the first week, and two is the reaction to Nvidia’s earnings,” said Nuveen CIO Saira Malik.end bell”.
Earnings reports are driving market action in extended transactions. shares gap Shares jump 15% after company beats profit forecast Full-year sales guidance raised. However, Intuit The company fell more than 5% despite reporting better-than-expected revenue and profit for the quarter.
On Friday, investors will learn about the preliminary PMI report for November as well as the latest consumer confidence index.
Investors will also be keeping an eye on Bitcoin, which is trading just below long awaited milestone $100,000.
