Reported about 2 hours ago
US stock futures surged on Thursday after the Federal Reserve hinted at more interest rate cuts, while Nvidia announced a $5 billion investment in Intel, boosting the latter's shares by nearly 30% in premarket trading. The Dow Jones Industrial Average, S&P 500, and Nasdaq futures climbed as investors reacted positively to these developments, shaking off initial concerns from the Fed's recent rate reduction. Analysts are also watching upcoming jobless claims data and corporate earnings, including FedEx's quarterly results, amid ongoing economic adjustments.
Source: YAHOO