Nvidia’s strong earnings lifted tech stocks, driving Nasdaq futures higher while Dow and S&P 500 futures showed modest declines.
Nasdaq futures climbed early Thursday following Nvidia’s earnings beat, which bolstered confidence in the AI sector. Dow Jones and S&P 500 futures edged lower in pre-market trading, reflecting mixed sentiment ahead of the session.
The stock market rally paused Wednesday as investors awaited Nvidia’s results, with major indexes closing slightly down. Software stocks CrowdStrike, Okta, and Salesforce also gained after reporting earnings, adding momentum to tech shares.
Treasury yields remained in focus, though no immediate market reaction was noted in the futures session. The broader tech rally hinged on Nvidia’s performance, a key driver for AI-related equities.