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Nasdaq, S&P, and Dow futures tick up after tech fueled rally

February 23, 2024
in Markets
Reading Time: 2 mins read
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Nasdaq, S&P, and Dow futures tick up after tech fueled rally

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On Friday morning inventory index futures ticked up after buyers watched the benchmark averages rally larger on Thursday after Nvidia’s (NVDA) quarterly earnings blowout.

Early on and the Dow futures (INDU) have been larger by 0.1%. On the identical time S&P futures (SPX) have been additionally larger by 0.1% in addition to Nasdaq futures (NDX:IND) +0.1%.

Heading into the final day of the shortened buying and selling week and the blue chip Dow (DJI) is larger by 1.1%, the benchmark S&P 500 (SP500) is up by 1.6%, and the tech targeted Nasdaq Composite (COMP.IND) has superior by 1.7%.

Trying in direction of the Treasury market and yields slid with the shorter finish U.S. 2 12 months Treasury yield (US2Y) dipping by 1 foundation level to 4.70%. On the identical time the longer finish U.S. 10 12 months Treasury yield (US10Y) moved decrease by 2 foundation factors to 4.31%.

See how different yields commerce throughout your entire yield curve right here.

On the financial calendar entrance all is quiet on Friday as buyers shift their consideration to subsequent week the place Wall Road is about to obtain international manufacturing PMI information, in addition to US core PCE and GDP readings.

Furthermore, see a few of Wall Road’s largest movers on the buying and selling day right here.

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Tags: DowFueledFuturesNasdaqRallyTechtick
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