FX.co ★ US Stock Futures Climb as Nvidia Shares Stabilize

US stock futures edged higher on Friday as selling pressure on Nvidia eased following CEO Jensen Huang’s resignation amid an ongoing scandal. Futures linked to the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 rose between 0.2% and 0.6%. In after-hours trading, Nvidia shares climbed more than 1%, recovering from Thursday’s losses as investors assessed the potential impact of a leadership change at the chipmaker, with CFO Colette Kress stepping in as interim CEO.

On Thursday, Wall Street’s main indexes finished lower: the Dow fell 0.36%, while the S&P 500 and Nasdaq Composite declined 0.35% and 0.39%, respectively. Investors are now awaiting October’s Producer Price Index (PPI) report for fresh signals on inflationary pressures. A stronger-than-expected consumer inflation reading, combined with hawkish remarks from Federal Reserve officials, has strengthened expectations that interest rates may need to rise more aggressively.