獅山巡禮
投資雜談
U.S. stock futures fell early Friday after the Dow Jones Industrial Average reclaimed the 50,000 threshold, and the SP 500 closed above 7,500 for the first time. Investors are also keeping an eye on the ongoing summit between the U.S. and China.
Dow futures
fell by 132 points, or 0.7%. SP 500 futures
dipped 1%, and Nasdaq 100 futures
slid 1.4%.
In after hours, Cerebras
shares rose 6%, extending gains after the artificial intelligence chipmakers public markets debut.
SpaceX is planning to disclose its prospectus as soon as next week, after confidentially filing for an IPO in April, CNBC has learned.
Wall Street is coming off yet another positive session, with both the SP 500
and Nasdaq Composite
closing at record highs. The SP 500 gained 0.8%, while the Nasdaq climbed 0.9%. The 30-stock Dow
closed up 370 points, or 0.8%.
Stocks have been on a record-breaking tear on a renewed fervor around artificial intelligence. However, a peek under the hood is showing that the overall market is lagging the largest tech companies, a divergence that is increasingly worrying some investors as it suggests a fragile rally.
That broadening trade has really fizzled out, Keith Lerner, investment chief at Truist Advisory Services told CNBCs Closing Bell: Overtime on Thursday. We are seeing some of that, kind of, more subdued action in the economy reflected in areas of the market. But ... its top heavy with tech, and thats why the broad-based indices are doing fine.
Investors will continue to watch what comes out of the U.S.-China summit, which concludes Friday after the two countries go over their policies on trade, tariffs and Iran, as well as Taiwan. On Thursday, both the U.S. and China agreed that the Strait of Hormuz must remain open, according to a U.S. readout that was shared by a White House official.
Stocks are headed for a winning week, with the SP 500 and Nasdaq Composite each headed for their seventh straight week of gains. The Dow is on pace for a sixth winning week in seven.
