Traders work on the floor of the New York Stock Exchange as the opening bell rings on November 13, 2024 in New York City.
Angela Weiss | AFP | Getty Images
Stock futures were slightly lower on Thursday evening as Wall Street looked to end the week with the average of the three major stocks higher.
futures tied to Dow Jones Industrial Average Although it decreased slightly, S&P500 futures I also slipped a little. Nasdaq 100 futures It was down 0.14%.
The move in futures comes after a reasonably strong day on Wall Street.
On Thursday, the Dow Jones Industrial Average rose about 462 points, or 1.06%. S&P500 Added 0.53%. of Nasdaq Composite The stock ended little changed, 0.03% higher. shares of Nvidia Shares closed 0.5% higher after a strong financial result as the US market's largest company was able to hold out during the final stages of bargain sales leading up to the earnings season.
All three major averages had a positive week, led by the Nasdaq Composite's 1.56% rise. That's a change from last week, when Wall Street's post-election rally seemed to stall.
“I think the market is finally finding its footing for two reasons: one, it's recovering from the hangover of the first week after the election; and two, it's recovering from the post-election hangover.” [two is] It’s a reaction to Nvidia’s earnings,” Nuveen CIO Saira Malik said on “Closing Bell.”
The market became active in after-hours trading following the earnings report. shares of gap Sales rose 15% after the company beat profit expectations and raised its full-year sales outlook. but, intuition The company fell more than 5% even though its quarterly report beat expectations for sales and bottom line.
On Friday, investors will get an update on November's Purchasing Managers Index and consumer sentiment.
Investors will also be keeping an eye on Bitcoin, which is trading just below $100,000, a long-awaited milestone.
