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Stock futures higher as Nvidia’s strong forecast reignites AI trade

CNBC · Just In
CNBC
CNBC
Just In

Stock futures increased after Nvidia reported better-than-expected earnings, citing exceptionally high demand for its AI chips. This development helped the Dow, Nasdaq, and S&P close higher, with the Dow and S&P ending a four-day losing streak.

Breakdown
  • Nvidia's strong earnings and high demand for AI chips led to higher stock futures and boosted market confidence.
  • The Dow, Nasdaq, and S&P all closed higher, with the Dow and S&P snapping a four-day losing streak.
  • Investors are awaiting earnings from Wal-Mart and the delayed September jobs report.
  • Amazon has extended its holiday return window for most items ordered between November 1 and December 31. 27s
  • YouTube is testing direct messaging again, responding to user requests for the feature. 48s
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