- Investor's Business Daily
Dow Jones Futures Rise; Apple, Google Move On iPhone News; Nvidia Gets Price Target Hike
Futures rose with Apple reportedly near a deal to use Microsoft-backed OpenAI tech, a blow to Google. Nvidia got a big price target hike.
- Reuters
US STOCKS-Futures edge higher at start of data-heavy week
Futures for the main U.S. indexes were slightly higher on Monday, after several weeks of gains, as investors awaited key inflation figures this week to gauge the likelihood of interest rate cuts this year. On Friday, the S&P 500 and Nasdaq Composite registered their third week of gains in a row for the first time since January, while the Dow posted its biggest weekly gain since mid-December. The indexes were also trading near their peaks, boosted by stronger-than-expected earnings reports and signs of a cooling U.S. labor market that fueled bets of one or two rate cuts by the U.S. Federal Reserve this year.
