US Stock Market LIVE: Dow futures jump 1,150 points in pre-market trading; Nvidia shares up over 4%

The US stock market is experiencing a significant rebound in pre-market trading, with Dow futures surging by as much as 1,150 points, according to some reports, and more commonly noted as rising over 400 points. This uptick follows a tumultuous period marked by three days of substantial volatility and losses. The S&P 500 and Nasdaq futures are also up, with gains of over 60 points and close to 200 points, respectively.

Nvidia shares are particularly strong, rising over 4% in pre-market trading1. This increase is likely influenced by broader tech sector optimism, similar to past instances where Nvidia's performance has positively impacted other tech stocks.

The market turbulence has been exacerbated by geopolitical tensions, including President Donald Trump's threat to impose additional tariffs on China if it does not withdraw its recently imposed 34% levy, set to take effect on April 10. The European Commission is also planning to retaliate with tariffs on US imports in response to Trump's actions on steel and aluminum.

Key highlights from recent trading sessions include:

• Dow Jones: Experienced its largest intraday swing on record, with a high of 39,189.68 and a low of 36,611.78 on Monday.

• S&P 500: Briefly entered bear market territory before closing slightly above the flat line.

• Nasdaq: Remains in bear market territory but saw some buying interest in megacap tech stocks.

• Top Gainers: Stocks like Micron Technology, Lam Research, and Applied Materials have seen significant gains in recent sessions.

• Top Losers: Companies such as Intel, Nike, and Apple Inc. have faced notable declines.
  
  written by hexahome