Market wrapEconomic Times
Nasdaq futures muted as Nvidia turmoil rattles AI trade
Negative-17
GreyOak summary
Nasdaq 100 futures were muted on Friday following Jensen Huang's resignation as Nvidia CEO amid espionage allegations. Geopolitical risks persisted as oil prices rose after US comments on Iran, and investors await the October PPI report for Fed rate hike clues.
What it affects
- AI and data centresNegative -17
AI trade rattled by Nvidia leadership turmoil.Rolling sentiment Positive +21
