
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.