US stock futures are implying a mixed opening.
Yesterday major indices moved higher led by the Dow 30 which rose at 0.83%. The S&P rose 0.56% and the NASDAQ index rose 0.39%.
A snapshot of the futures market implies gains at the open:
- Dow Industrial Average implying a decline of -57.76 point
- S&P index is implying a decline of -2.37 points
- NASDAQ index is implying a gain of 28 points
Micron will announce earnings after the close today. It shares are trading up 0.48% in premarket trading at $94.49.
Nvidia is trading a -0.13% after rising 1.07% yesterday.. This week Nvidia introduced its next-generation Blackwell AI chip.
Intel is set to receive up to $8.5 billion in funding from the federal government under the CHIPS Act to construct factories in the U.S., a move the company indicates would not be feasible without this financial support due to high construction costs in the country. Intel shares are up 2.26% in premarket trading
- Meta Platforms +0.39%
- Apple, -0.09%
- Amazon unchanged
- Alphabet -0.06%
- Tesla +0.73%
- Caterpillar -0.24% after closing at a new record yesterday
