Dow jones futures now hover around 38
Dow Jones futures now hover around 38,385, driven by modest recoveries in energy stocks following last week’s sell-off. Sector analysts cite inventory drawdowns as a bullish catalyst. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite are soaring -- and so are stock valuations. US technology giant Nvidia ( NVDA ) has teamed up with Japanese telecommunications and computer maker, Fujitsu ( 6702.T ) and agreed to work on AI products to help deliver smart robots and other innovations using Nvidia's chips. Dow Jones futures now tick up to 38,400, up 0.05%, reflecting resilience despite softening factory orders. Market breadth remains moderate, with utilities lagging.
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