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Dow Jones Futures Fall: Nasdaq Jumps As Nvidia, Chip, AI Plays Soar, But Market Breadth Terrible

May 26, 2023
Source: investors.com investors.com
News Snapshot:
Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. Key inflation data is on tap Friday morning. X The stock market rally had a wildly divergent Thursday. The Nasdaq and especially the Nasdaq 100 surged as Nvidia (NVDA) skyrocketed on strong earnings and blowout guidance. That also sent Advanced Micro Devices (AMD), Taiwan Semiconductor (TSM) and Arista Networks (ANET) soaring as well, with solid gains for ASML (ASML), Microsoft (MSFT), Google parent Alphabet (GOOGL) and other AI or chip plays. But outside of a limited number of big winners, the market showed tepid or weak...
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