Stock futures rise after Wall Street ends losing streak, Nasdaq hits record high.

From “Google News”: 2024-08-06 23:43:00

1. Stock futures are on the rise after Wall Street halted a three-day losing streak, providing hope for a rebound in the market.

2. Investors are optimistic as the S&P 500 closed higher, breaking the losing streak, with the index and the Nasdaq both gaining 0.6%.

3. Boosted by gains in technology stocks, the Nasdaq closed with a new record high and Tesla shares soared by 8.6% after a report of strong car sales in China.

4. Despite the positive movement, concerns about inflation and a possible reduction in stimulus packages continue to weigh on investors’ minds.

5. Stay tuned for live updates on the stock market as trading continues throughout the day.



Read more at “Google News”: Stock futures rise after Wall Street snaps three days of losses: Live updates – CNBC