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Why Are Nasdaq Futures Surging Premarket? SPCX, ASTS, AAPL, TMUS, VZ, NVDA, MU, LITE Stocks In Focus
Stocktwits ·
Stocktwits reports: U.S. stock futures were higher early Friday even as concerns about OpenAI’s revenue figures triggered fresh questions about the sustainability of the artificial intelligence investment boom. Investors are also digesting SpaceX’s push into wireless communications, a hawkish Federal Reserve outlook, and the start of third-quarter earnings season next week. As of 4:00 a.m. ET, Nasdaq futures rose 0.8%, S&P 500 and Russell 2000 futures gained 0.3%, while Dow futures were up…
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Higher bond yields are raising the bar for stocks: Stan WongRead story summary
For much of this year, “higher for longer” was a warning. Now it is a market reality. With the U.S. 10-year Treasury yield above 5.25 per cent and touching a two-decade high, borrowing costs are becoming harder for markets to ignore. Bonds also compete more directly with equities for investor capital. The implications for equity valuations are significant. ...
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