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Updated · Bloomberg · Sep 18S&P 500 Eyes Weekly Gain as Nasdaq 100 Futures Rise 0.7%
3 articles · Updated · Bloomberg · Sep 18Summary
- S&P 500 futures rose 0.4%, putting the benchmark on track to turn positive for the week after a turbulent stretch.
- Nasdaq 100 contracts climbed 0.7% as a rebound in chipmakers extended on the back of Nvidia's bullish outlook.
- Lower oil prices also lifted broader risk sentiment, helping US and Asian equities advance together.
- South Korea's Kospi jumped 2.7% to lead Asia, while Europe's Stoxx 600 slipped 0.3% amid lighter exposure to AI stocks.
Insights
As Asian hardware markets surge, is the real wealth in the AI boom quietly shifting away from US mega-caps? Could cheaper, compute-efficient AI models suddenly derail the multi-trillion dollar infrastructure arms race fueling today's tech rally?