September Nasdaq 100 E-Mini futures (NQU25) are trending up +0.69% this morning, buoyed by a jump in Alphabet stock following a ruling that Google won’t be forced to sell its Chrome browser, while investors await the latest reading on U.S. job openings.
Alphabet (GOOGL) jumped over +5% in pre-market trading after Google escaped major antitrust penalties for its conduct in the U.S. internet search market. A U.S. district judge permitted the tech giant to retain its Chrome browser and maintain an agreement under which Google pays Apple more than $20 billion annually to remain the default search engine on the Safari browser. Apple (AAPL) also benefited from the ruling, with the stock up over +2% in pre-market trading.
