Nasdaq, Dow futures resume trade
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US stocks made small gains on Friday as a holiday-shortened week and volatile month drew to a close. Earlier in the day, the Chicago Mercantile Exchange restored trading operations after a long outage disrupted live trading in futures and options across several markets worldwide,
Stock futures pointed slightly higher before a tech outage halted trading on Black Friday, with major indexes poised to record their best week since June. Stock and bond markets will close early today.
The Dow has erased all of its losses from earlier in November as of recent trading on Friday, leaving it on track to extend a streak of wins to a seventh month. That would mark its longest streak of monthly wins since January 2018,
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Stock Market Today: Dow Jones Index Rises As Google Leads; Nvidia, Tesla, Robinhood, GE Vernova Eye Key Levels
Futures trading was halted but the Dow Jones was pointed higher on the stock market today. Google, Nvidia, Tesla and Robinhood are in focus.
Stocks closed markedly lower on Tuesday as fears of a bubble in artificial intelligence technology hammered markets for a fourth consecutive trading day.
Here are the top stories to read ahead of Friday's trading:
Thanksgiving session, with the NASDAQ 100, Dow Jones Industrial Average, and S&P 500 all holding firm near support levels. Short-term pullbacks are viewed as buying opportunities, with December seasonality expected to favor further upside.
US stocks gave up early gains to end lower after economic and rate uncertainty topple strong earnings from AI darling Nvidia and retail giant Walmart.
Stocks closed sharply higher for a second time in as many days this holiday-shortened trading week, although Nvidia and other semiconductor shares fell on a report Meta Platforms may use Google's AI chips in their data centers.
Investors parsed fresh economic data and doubled down on bets the Federal Reserve will cut interest rates in December.
U.S. stocks gained modestly Friday, as investors shrugged off a CME Group outage that had disrupted futures trading overnight.