EN zh-TW

newsio aggregates and links to original sources. We do not own the original images or content. If you believe content infringes on intellectual property rights, contact us — it will be removed at first notice.

business / news / / Devdiscourse

Futures for the S&P 500 and Nasdaq hit unprecedented highs.

Nvidia's premarket surge has pushed S&P 500 and Nasdaq futures to new all-time highs.

KEY POINTS
Nvidia's remarkable rise in premarket trading has propelled futures for the S&P 500 and Nasdaq to unprecedented highs. This surge comes as investors closely monitor the pivotal U.S.-China summit and prepare for forthcoming economic data releases. Despite ongoing conflicts in the Middle East and rising inflation driven by higher oil prices, technology stocks, particularly chipmakers, have shown resilience. Chinese President Xi Jinping and U.S. President Donald Trump met to discuss trade and other geopolitical tensions, impacting global markets. The recent rally saw major indexes advance, reinforced by robust consumer and producer price data. The Federal Reserve is now expected to maintain a restrictive monetary policy, as market participants anticipate economic reports that could further influence trade and spending dynamics. (With inputs from agencies.)
COMPANIES
Read the full story on Devdiscourse → →
Share X LinkedIn

Summarized by Newsio from Devdiscourse. How we summarize →

RELATED 03
business · news · 11h 135

China's wholesale prices rose at the fastest pace in nearly four years in May.

  • China's producer price index rose 3.9% in May, the fastest increase since July 2022.
  • Wholesale prices were driven by higher raw material costs from the Iran war and AI investments.
CNBC →
business · news · 12h 136

Trump Media & Technology Group (DJT) has drawn fresh attention after recent share price swings.

  • Trump Media & Technology Group posted a net loss of US$1,086.15m on just US$3.73m revenue.
  • DJT's price-to-book ratio of 1.8x remains higher than the US industry average of 1x.
simplywall.st →
business · news · 19h 164

On June 9, 2026, the tech-heavy Nasdaq Composite plunged 2.17%, losing more than 560 points as AI and semiconductor stocks extended their sell-off.

  • Broadcom's cautious AI chip outlook and falling smartphone demand triggered the latest semiconductor sector crash.
  • Roughly $1.4 trillion in market value was erased from AI semiconductor stocks in the recent selloff.
The Economic Times →