After hours, Dow Jones futures, S&P 500 futures, and Nasdaq futures saw some upward movement. The stock market experienced a slight decline on Thursday amid discussions about a potential pause in Fed rate cuts. Nvidia continued to perform well, along with several tech companies showing positive momentum.
Tonight’s focus will be on Elon Musk and the Tesla robotaxi event, which could have significant implications for Tesla, as well as ride-hailing giants like Uber and Lyft. JPMorgan Chase is set to kick off bank earnings on Friday morning.
It’s interesting to note the impact of events like the Tesla robotaxi unveiling on the stock market. Such events can create opportunities for investors to gauge the future prospects of companies.
Overall, the stock market rally remains strong, with various stocks making positive moves despite some fluctuations. It’s important for investors to stay engaged, keep an eye on leading stocks and sectors, and continue to review their portfolios to make informed decisions. Be prepared for potential market swings and make adjustments accordingly based on your investment strategy and portfolio composition.
