00:00all right futures flattish here today but actually leaning to the green side
00:11s&p futures this morning up 0.13 percent dow futures up 0.08 percent and the tech uh nasdaq
00:19futures up 0.15 percent it's worth noting that it was actually lower when the pre-market first
00:25open here today we are up off of those lows uh here today let's take a look at some cues from the
00:30last session most sectors of the s&p 500 closed positive on thursday with information technology
00:36industrials and communication services stocks recording the biggest gains however consumer
00:42staples and consumer discretionary stocks bucked the trend and they closed the session lower the
00:48broad advance sent u.s stocks higher with the nasdaq composite gaining more than 200 points a day after
00:54the federal reserve cut rates by 25 basis points and signaled that there is more easing ahead
00:59tech stocks led the charge intel skyrocketed 23 percent after nvidia pledged a five billion dollar
01:06investment to co-develop pc and data center chips crowd strike holdings ticker crwd also rallied
01:13around 13 percent after unveiling long-term ai initiatives and revenue targets forecasting
01:19annual recurring revenue growth above 20 percent by fiscal 2027 on the economic front u.s initial
01:26jobless claims declined by 33 000 from the previous week to 231 000 in the second week of september that
01:34compared to market estimates of 240 000 meanwhile the philadelphia fed manufacturing index rose 23.2 in
01:42september recording its highest level since january and a significant jump from the minus three tenths in august
01:48uh looking ahead to today investors are awaiting a phone call between president trump and
01:55president xi jinping excuse me uh scheduled for later today after china banned its major tech firms from
02:03purchasing nvidia chips and nvidia announced an investment in intel a framework for a tiktok deal
02:12will also be discussed between the two leaders that was confirmed by treasury treasury secretary scott
02:19besant now the 10-year bond that yielded 4.12 percent and has actually ticked a little bit higher
02:26here this morning we were hoping that that might stay under four percent it pretty much got down to
02:31four percent and hasn't broken that yet it is ticking up off that level we'll keep an eye on that
02:36two-year bond also yielded 3.57 percent
02:40two-year bond also yielded 3.57 percent
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