Market moves, tech rally, Harris's economic policy: 3 Things
Stock futures (^DJI, ^IXIC, ^GSPC) are dipping into negative territory ahead of Friday's market open, coming off of Thursday's rally fueled by July retail sales and lower-than-expected initial jobless claims.
The tech sector (XLK) is leading market rallies in the S&P 500 and Nasdaq Composite as Big Tech names rebound from recent sell-offs. Chipmaker Nvidia (NVDA) is up over 17% in the last five trading days.
Vice President Kamala Harris will outline her economic policy agenda at a speech in Raleigh, North Carolina, on Friday, focusing on taming inflation and reducing grocery, housing, and prescription drug prices for American consumers.
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This post was written by Luke Carberry Mogan.