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The Economic Times
The Economic Times
Business

S&P 500, Nasdaq futures rise to new highs as Nvidia jumps

Futures tracking the ​S&P 500 and the Nasdaq rose to record highs on Thursday as Nvidia's shares jumped, while investors watched developments around the high-stakes U.S.-China summit and awaited economic data.

Nvidia rose 1.9% in premarket trading, giving the chipmaker a market ‌valuation of $5.9 trillion, ⁠after ⁠Reuters reported citing sources that the U.S. has cleared about 10 Chinese firms to buy its second-most powerful AI chip, ​the H200.

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