S&P 500 futures rise after 3 days of losses, driven by Tesla and tech shares

From Google: 2024-10-24 09:12:00

S&P 500 futures are on the rise after three consecutive days of losses, with Tesla driving tech shares up. With an increase of 0.4%, Nasdaq 100 futures also gained ground. The overall gains came despite a drop in the 10-year Treasury yield. Jobless claims dipped to 255,000, marking the lowest level since 1969, amidst ongoing tight labor market conditions. Durable goods orders surged by 0.7% in March. On the other hand, US new home sales fell by 2% in March, reflecting the impact of higher mortgage rates. Stock futures look positive despite recent market volatility.



Read more at Google: S&P 500 futures bounce after 3 days of losses as Tesla leads tech shares higher: Live updates – CNBC