Dow Jones Futures Up Slightly
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Dow Jones Futures TodayInvestor's Business Daily
•Futures Bounce After Dow Dives 1,100 Points; Chip Giant Plunges
83% Informative
Dow Jones futures rose modestly early Thursday , along with S&P 500 futures and Nasdaq futures, signaling a small bounce.
The Fed cut rates by a quarter point on Wednesday to 4.25%-4.5% , for a total of 100 basis points over the last three meetings of 2024 .
The 10-year Treasury yield leapt 11 basis points to 449% as of the 3 p.m. ET close.
Bitcoin plunged 5.7% to $ 100,636 as of 4.49% on Wednesday .
Nvidia stock initially jumped to 136.70 , but ultimately fell 1.1% to 128.91 .
Shares have now fallen for five straight sessions, during which the AI chip giant has fallen well below its 50-day line to a two-month low.
Taiwan Semiconductor stock declined 2.5% to 195.56 in Wednesday 's session.
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