Dow Jones Futures: Market Rebounds As Nvidia Forges Base; Elon Musk Sets Tesla Robotaxi Date
From Investor’s Business Daily: 2024-04-05 20:00:00
Dow Jones futures are set to open Sunday evening alongside S&P 500 and Nasdaq futures, with Nvidia and other AI chip plays showing potential. Despite a pullback last week, major indexes rebounded Friday with leaders like Broadcom and Taiwan Semiconductor working on new bases. Super Micro Computer, tied to AI chips, is also forming a base. Tesla fell on weak Q1 deliveries but rose as Elon Musk announced plans for a robotaxi on Aug. 8. The stock market saw modest-to-solid weekly losses but ended Friday on a positive note, with indexes climbing back above key moving averages. Nvidia, Broadcom, and Tesla stocks are ones to watch while Dow futures open at 6 p.m. ET on Sunday.
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