वॉल स्ट्रीट को बैंक की कमाई का इंतजार है, इसलिए एसएंडपी 500 वायदा में गिरावट

S&P 500 futures slip as Wall Street awaits bank earnings

Stock futures saw a slight decline on Friday as investors awaited the release of corporate earnings reports from major U.S. banks.

Dow Jones Industrial Average futures slipped by just 2 points, while S&P 500 futures and Nasdaq 100 futures dipped 0.2% and 0.4%, respectively.

Notable companies like JPMorgan Chase, Wells Fargo, and Citigroup were scheduled to report their earnings. Asset management giant BlackRock already posted better-than-expected results.

These reports followed a strong rebound in the S&P 500 and the Nasdaq Composite the previous day, led by tech shares, which bounced back from Wednesday's inflation-driven sell-off. Nasdaq surged 1.68% to a record high, while the S&P 500 gained 0.74%. However, the Dow Jones inched lower by 0.01%, marking its fourth consecutive day of losses.

Thursday's rally saw significant gains for companies like Apple, which surged 4.3% following reports of plans to revamp its Mac products with new AI-focused chips. Nvidia also saw a 4.1% increase, and Amazon reached an all-time high before closing up 1.7%.

Looking ahead, Thomas Martin, senior portfolio manager at Globalt Investments, emphasized the importance of AI in determining which stocks would lead the ongoing bull market. He noted the divergence between the Nasdaq and the Dow, indicating that AI-driven factors are still influencing market dynamics.

Thursday's rally helped mitigate the weekly losses for the S&P 500, which is now down 0.1% for the week. The Nasdaq, on the other hand, is set to close the week 1.2% higher, while the Dow is expected to underperform with a 1.1% decline for the week.

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