Published on 18 Oct 2024 on Benzinga
Nasdaq, S&P 500 Futures Jump Friday: What's Going On - Invesco QQQ Trust, Series...
Wall Street is priming for a positive start on Friday after the major averages ended narrowly mixed in the previous session. Positive reaction to Netflix, Inc.’s NFLX earnings could provide a lift to the tech space, given earnings news flow from the sector will likely start in earnest next week. Earnings and speeches by Federal Reserve officials could set the tempo for Friday’s session. China’s third-quarter GDP rose slightly more than estimates, allaying the fears of traders. Gold continues to make record after record, while oil continues to have a volatile ride amid geopolitical tensions.
In premarket trading on Friday, the SPDR S&P 500 ETF Trust SPY rose 0.23% to $583.61 and the Invesco QQQ ETF QQQ jumped 0.51% to $493.75, according to Benzinga Pro data.