
People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, March 19, 2021. REUTERS/Brendan McDermid
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- Futures up: Dow 0.16%, S&P 0.28%, Nasdaq 0.50%
Nov 18 (Reuters) – Nasdaq futures rose sharply on Thursday as chipmaker Nvidia rallied on strong third-quarter earnings, while S&P and Dow premarket indicators showed a mild recovery from inflation-related losses sustained this week.
Nvidia shares (NVDA.O) jumped 6.7% in premarket trade after the company beat quarterly estimates and forecast strong fourth-quarter revenue, expecting to benefit from growth in its data center business and investments in the metaverse. read more
Other chipmaker stocks including Advanced Micro Devices Inc (AMD.O) and Qualcomm Inc (QCOM.O) rose 2.1% and 0.9%.
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Source: https://www.reuters.com/business/nasdaq-futures-boosted-by-tech-demand-nvidia-earnings-2021-11-18/