Stock market today: Nasdaq leads Dow, S&P 500 futures higher as chip stocks revive
Nasdaq leads major indexes higher as chip stocks rally and GM surges on earnings reports.
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The brief
US stock futures are edging higher following three consecutive sessions of losses for major indexes. The Nasdaq is leading the move, supported by a revival in chip stocks including Micron Technology, Sandisk, and Marvell.
Additionally, General Motors shares have surged following an earnings report. Coverage from Investor's Business Daily, Investopedia, and marketscreener.com highlights the strength in semiconductor stocks and GM.
Meanwhile, reports from MSN and FXStreet emphasize that oil is holding near $90 a barrel, reaching its highest level in more than a month. Attention remains on the continued performance of the chip sector and the impact of oil prices on an exhausted market.
Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 15h ago.
Quick answers
Which stocks are driving the current market rally?
General Motors is surging on an earnings report, while chip stocks such as Micron Technology, Sandisk, and Marvell are also rallying.
What is the status of oil prices?
Oil is holding near $90 a barrel, which is its highest level in more than a month.
How have major indexes performed recently?
Major indexes experienced three straight sessions of losses prior to the current rise in futures.
Coverage (8)
- Oil price hits $95, rate hike odds rise ahead of Alphabet earnings qz.com · 7h ago
- Wall St futures edge lower as caution builds ahead of Big Tech earnings Reuters · 11h ago
- Stock Market Today: Dow Falls As Oil Prices Jump; SMCI Surges With Alphabet, Tesla Earnings Next (Live Coverage) Investor's Business Daily · 11h ago
- Social Buzz: Wallstreetbets Stocks Mostly Advancing Premarket Monday; Sandisk, Micron Technology to Open Higher marketscreener.com · 1d ago
- Stock Market Today: Dow Rises As GM Surges On Earnings Report; Marvell, Micron, Sandisk Rally (Live Coverage) Investor's Business Daily · 1d ago
- Oil holds near $90 a barrel, US stock futures edge higher MSN · 1d ago
- Every exit leads back to the fire as Oil rattles an exhausted market FXStreet · 1d ago
- Stock Market Today: Futures Rise After Three Straight Sessions of Losses for Major Indexes; Oil at Highest Level in More Than Month Investopedia · 1d ago broke it first
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