US Stocks Move | TSMC Surges Over 6% to a New High, Market Cap Surpasses $1.8 Trillion, Ranks Sixth in US Stocks
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Tech stocks rebound strongly, Nasdaq futures up 0.7%, yen under pressure, Brent oil down 2% intraday.
Nvidia's optimistic earnings outlook has driven further rebounds in chip stocks. Nasdaq 100 index futures are up 0.7%, and S&P 500 index futures are up 0.4%. The US dollar has risen 1% against the yen, trading at 157.53. Bank of Japan Governor Kazuo Ueda says it is difficult to judge whether the financial environment is excessively loose. Brent crude has fallen 2.0% intraday, trading at $97.92 per barrel. On Friday, the market also faces additional disruptions brought by "triple witching day."
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