U.S. stock futures were down on Tuesday morning ahead of November’s nonfarm payrolls data, which could sway markets today. Futures on the Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) were down 0.23%, 0.12%, and 0.05%, respectively, at 8:24 a.m. EST on December 16.
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During Monday’s regular trading session, the three major indexes closed lower amid persistent pressure on artificial intelligence (AI)-related stocks like Broadcom (AVGO), Oracle (ORCL), CoreWeave (CRWV), and Microsoft (MSFT). The Nasdaq Composite, the Dow Jones, and the S&P 500 fell 0.59%, 0.09%, and 0.16%, respectively.
Turning to trending stocks, shares of streaming platform Roku (ROKU) were up 5% in pre-market trading after Morgan Stanley double upgraded its rating to Buy from Sell, citing strength in its Platform revenue growth. Additionally, Ford (F) stock rose more than 1% after the company announced a $19.5 billion charge as it focuses on more profitable hybrid and traditional gas-powered models amid challenges in the electric vehicle (EV) space.
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