By U.S. stock futures jumped early Thursday as investors appeared to give more weight to Nvidia’s solid earnings than the threat of more tariffs.
Futures on the S&P 500 rose 0.6% ahead of the open, while Nasdaq 100 futures were also up 0.6% and Dow Jones Industrial Average futures were 0.3% higher. The S&P 500 closed flat Wednesday as President Donald Trump’s latest tariffs threat cut short an earlier rally–the Nasdaq Composite rose 0.3% and the Dow fell 0.4%. Trump said he will soon be announcing 25% levies on the European Union.
But the market has long been skeptical about Trump’s comments, making it easier for investors to focus their attention elsewhere.
