World shares advance after Nvidia’s rebound offsets weakness on Wall St
Nasdaq and S&P 500 futures advanced on Wednesday as Nvidia and other chip stocks continued to regain momentum ahead of a key inflation reading this week, while FedEx shares soared on the back of an upbeat annual profit forecast.
Megacaps such as Meta Platforms and Alphabet edged up in premarket trading after their more than 2% jump on Tuesday. Apple andAt 5:31 a.m. ET, Dow e-minis were down 6 points, or 0.02%, S&P 500 e-minis were up 9.75 points, or 0.18%, and Nasdaq 100 e-minis were up 64.5 points, or 0.32%. Albemarle rose 2.5% as the world’s largest lithium producer plans to hold more auctions for the metal used in EV batteries.
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