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Stock Market Today: Dow Futures Waver, Bond Yields Fall After Debt-Ceiling Progress
Congress has a few days to pass bill before June 5 deadline
Last Updated:
May. 30, 2023 at 8:19 AM EDT
Updated 10 min ago
Stocks to Watch Tuesday: Tesla, Nvidia, AMD, Intel
A Nvidia graphic-processing unit. (I-Hwa Cheng/Bloomberg News)
↗️ Nvidia (NVDA), AMD (AMD), Intel (INTC) and Marvell Technology (MRVL): The chipmakers' stocks all rose more than 3% in premarket trading, lifted by investors' continuing enthusiasm for AI technology.
↗️ Tesla (TSLA): The electric-car maker's CEO Elon Musk is expected to arrive in China this week to meet Chinese officials and tour Tesla's factory in Shanghai, according to media reports. Tesla's stock rose 3.5% premarket.
↗️ PDD (PDD): The company's American depositary shares gained 3.3% premarket. Investors continued to favor the firm, which owns Chinese e-commerce platform Pinduoduo, after its earnings beat expectations on Friday.