Reply To: Traders Market Weekly: Jobs, Inflation and PMI Pressures

#42526
Truman
Participant

The S&P 500 futures are up 24 points and are trading 0.6% above fair value.
The Nasdaq 100 futures are up 94 points and are trading 0.6% above fair value.
The Dow Jones Industrial Average futures are up 123 points and are trading 0.4% above fair value.

Futures are indicating a higher open after some better-than-expected earnings reports from technology companies. Salesforce Inc (CRM) and NVIDIA (NVDA), though, disappointed with guidance.

Tesla (TSLA) is providing some underlying support, as its shares move up with a 3-for-1 stock split that takes effect today.