June S&P 500 futures (ESM23) are trending up +0.18% this morning as market participants weighed the latest updates on negotiations in Washington to reach a debt-ceiling deal while awaiting a key speech from Fed Chair Jerome Powell.
In Thursday’s trading session, the tech-heavy Nasdaq 100 notched a 1-year high, boosted by gains in chip stocks and a more than +9% jump in Netflix Inc (NFLX) after the streaming giant said its recently launched ad-supported tier reached about 5 million active users per month. Also, the benchmark S&P 500 rose to a 9-month high, helped in part by an over +11% surge in Take-Two Interactive Software Inc (TTWO) after the company reported above-consensus Q4 net bookings. In addition, Walmart Inc (WMT) rose more than +1% after the retail giant reported upbeat Q1 results and raised its full-year guidance, helping keep the blue-chip Dow in positive territory.
