Nasdaq futures fall 0.9% on Nvidia uncertainty and possible chip restrictions on China
Nasdaq 100 futures were down 0.9% (240 points) and S&P 500 futures fell 0.4% (32 points), while Dow Jones futures were nearly flat, following Wednesday's gains on Wall Street. Nvidia shares dropped more than 6% in after-hours trading after The Wall Street Journal reported that its board was weighing the future of CEO Jensen Huang. Alibaba fell more than 6% in Hong Kong on the possibility of new U.S. restrictions on semiconductor exports to China.
In 40 seconds
- Nasdaq 100 futures were down 0.9% and S&P 500 futures 0.4%; the Dow Jones was nearly unchanged.
- Nvidia fell more than 6% after the WSJ report on the board's review of Jensen Huang's future; he owns about 3.6% of the company.
- Alibaba dropped more than 6% in Hong Kong on the possibility of new U.S. controls on chip exports to China.
IASummary generated by artificial intelligence from a story by Revista ADVFN. It may contain errors: the original source prevails.




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