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U.S. Stock Futures Edge Higher as Trump Approves Nvidia AI Chip Deal

U.S. Stock Futures Edge Higher as Trump Approves Nvidia AI Chip Deal

U.S. stock futures ticked up Monday evening after President Donald Trump approved a deal allowing Nvidia (NVDA) to sell its H200 AI chips to China. Also, the U.S. government is set to take 25% of the sales.

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Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were up 0.23%, 0.02%, and 0.15%, respectively, at 6:16 p.m. EST on December 8.

Earlier in the day, all three major indices declined ahead of the Federal Reserve’s rate decision. Overall, the Dow Jones, the S&P 500, and the Nasdaq declined 0.5%, 0.4%, and 0.1%, respectively.

On Tuesday, investors will watch the delayed Job Openings data for October, along with the NFIB Small Business Optimism Index. On the earnings front, companies including AeroVironment (AVAV), AutoZone (AZO), and GameStop (GME) will report results tomorrow.

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