U.S. stock futures rose Wednesday as bond yields fell and traders eyed Nvidia results later in the day.
How are stock-index futures trading On Tuesday, the Dow Jones Industrial Average DJIA fell 175 points, or 0.51%, to 34289, the S&P 500 SPX declined 12 points, or 0.28%, to 4388, and the Nasdaq Composite COMP gained 8 points, or 0.06%, to 13506.
With Nvidia’s shares up 212% this year — against the S&P 500’s 14.3% gain — the chipmaker encapsulates the enthusiasm for big technology stocks and AI excitement that together helped drive equity indices higher for much of 2023. Pricing of Nvidia’s stock options show traders think the shares may move by roughly 10% over the course of the rest of the week.
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