Category: blows
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Dow, S&P 500, Nasdaq futures sink as jobs report blows past expectations
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US stock futures fell on Friday as cautious investors digested a final 2024 jobs report that smashed previous expectations on employment, raising more uncertainty about the path of interest rates this year. Dow Jones Industrial Average futures (YM=F) fell approximately 0.7%, while S&P 500 futures (ES=F) fell 0.8%. Contracts on…
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Dow, S&P 500, Nasdaq futures sink as jobs report blows past expectations
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US stock futures fell on Friday as cautious investors digested a final 2024 jobs report that smashed previous expectations on employment, raising more uncertainty about the path of interest rates this year. Dow Jones Industrial Average futures (YM=F) fell approximately 0.7%, while S&P 500 futures (ES=F) fell 0.8%. Contracts on…
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Nvidia blows past expectations with record Q2 earnings but shares fall
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Smart chipmaker Nvidia easily beat Wall Street’s bullish financial targets in the second quarter, forecast strong sales in the current quarter and said customers will start receiving shipments of its next-generation Blackwell chip in the fourth quarter. But with Nvidia’s earnings forecast strong, the company’s shares fell about 6% in…