S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
US equity futures gained on Thursday after the earnings report by Micron Technology restored support for the artificial intelligence trade. Contracts for the Nasdaq 100 gained over 2% and those for the S&P 500 added 1%. Micron surged 17% premarket after beating earnings and sales expectations and estimating approximately a revenue of $50 billion in the quarter to August, above the expectations of $43.2 billion. Stability for the AI infrastructure sector was also supported by Micron unveiling 16 longer-term contracts. Also, Qualcomm jumped 15% after the chipmaker doubled its projection for non-handset revenue in the next thee years and announced a partnership with Meta. Softer inflationary risks also supported broader sectors as energy prices also continued fall and PCE price indices refrained from overshooting expectations, lifting the Dow to a record high of over 52,000. Banking shares gained as lenders will raise their dividends after passing the Federal Reserve’s stress test.
Profit
Everyone's racing to cut costs. We're racing to create profit.
Start Selling through Service
