Stock Market Updates
Markets Rebounding as Tech Stocks Lead Futures Higher

Stocks looked set to rebound on Friday as worries about sticky inflation and signs of weakness in the U.S. job market subsided.
Futures tracking the Dow Jones Industrial Average rose 92 points, or 0.2%, putting the index on course to snap a six-day losing streak. Futures for the benchmark S&P 500 climbed 0.3% and contracts tracking the tech-heavy Nasdaq 100 were up 0.6%.
Nasdaq futures’ big gain came after chip maker Broadcom reported better-than-expected quarterly earnings and issued strong sales guidance after Thursday’s close, which could signal to investors that demand for artificial intelligence-related products remains high. Its shares rose 14% in premarket trading.
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2024-12-13 08:54:12