Tech-driven rally boosts Nasdaq Futures with chip stocks like Nvidia rising; FedEx climbs on strong results

From NASDAQ.: 2024-06-26 07:11:42

Nasdaq 100 E-Mini futures are up +0.19% as chip stocks like Nvidia rise. FedEx stock soars over 13% after posting strong Q4 results. Wall Street indexes mixed, with Carnival and tech stocks gaining. U.S. economic data shows slight decrease in consumer confidence, while Fed governors express differing views on interest rates. Investors await key economic data and earnings reports, focus on U.S. new home sales and crude oil inventories today. Euro Stoxx 50 futures rise, ECB official hints at easing monetary policy further. Asian markets close higher, China’s Shanghai Composite Index gains, Japan’s Nikkei 225 hits 3-month high. Chip stocks surging in pre-market trading, including Nvidia and Micron. FedEx stock jumps after positive earnings, Rivian Automotive rallies on deal with Volkswagen. U.S. Steel and Robinhood among pre-market gainers, while Accenture falls after downgrade. Earnings spotlight on Micron, Paychex, General Mills, and more today.



Read more at NASDAQ.: Nasdaq Futures Rise as Tech-Driven Rally Continues, FedEx Climbs on Upbeat Results