All three major indexes were on track for their sixth consecutive week of gains
– Wall Street futures climbed on Friday, led by gains in those tracking the Nasdaq 100 as technology shares broadly advanced, while Netflix surged following upbeat results.
Chip heavyweight Nvidia was up 1.2%, building on gains in the previous session after strong results from contract chipmaker TSMC lifted semiconductor stocks. Upbeat earnings from financial companies and broadly positive economic data have lifted the Dow and the S&P 500 to fresh record highs this week. The Dow closed at a record high on Thursday, although there are indications investors are exploring less expensive corners of the market.
"We anticipate further broadening of equity-market performance now that rate cutting is underway, but larger companies are both fully valued and less sensitive to rate changes, which leads us to continue to favor higher quality small and medium-sized companies," Neuberger Berman portfolio managers said.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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