Stock futures rise as Wall Street readies for the second half: Live updates

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

News News

Finance Finance Latest News,Finance Finance Headlines

Stock futures rose in overnight trading Sunday as Wall Street looked ahead to the second half of 2024.

Wall Street is coming off a losing session for the major averages, of a strong finish to the first half of the trading year. Continued excitement surrounding artificial intelligence and stocks such as Nvidia led the

Some expect this technology-driven momentum to persist at least through the summer, despite some fears that multiples have hit heightened levels. He expects the sector to hit some resistance during a period of seasonal weakness and profit-taking in September and October, and around the election, but views valuations as warranted."The reality is that these companies have been so well managed through thick and thin, that during times like this when the economy is growing, they're able to grow their earnings quite significantly," he said."These companies have have delivered.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock futures rise slightly as Wall Street readies for the second half: Live updatesStock futures inched higher in overnight trading Sunday as Wall Street looked ahead to the second half of 2024.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

Why Jim Cramer wants to buy more Disney — plus Wall Street praises our newest stockEvery weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market today: Most of Wall Street rises, but Nvidia tumbles again as AI mania coolsAnother slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed, even as the majority of stocks rallied.
Source: latimes - 🏆 11. / 82 Read more »

Stock market today: Asian shares lower after Wall Street closes another winning weekAsian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run.
Source: wjxt4 - 🏆 246. / 63 Read more »