Stock Market Today: S&P 500, Nasdaq Futures Rise As Nvidia, TSMC, Occidental Petroleum Lead Advances

Benzinga

U.S. stock futures rose on Monday after Friday’s mixed close. Futures of major benchmark indices were higher.  Investors weighed two major developments out of Washington: a significant step toward ending the record-long government shutdown and a surprise stimulus proposal from President Donald Trump.  A key vote took place in the Senate on Sunday to advance a funding bill aimed at ending the 40-day government shutdown.  Meanwhile, Trump announced a proposal for a "$2,000 tariff dividend" in a social media post on Sunday; however, Treasury Secretary Scott Bessent suggested any dividend may arrive through other means rather than checks in the mail.

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00:00futures green across the board ahead of monday's open on the back of a possible

00:10ending to the government shutdown s&p futures up 0.92 percent dow futures up 0.38 percent

00:17and the nasdaq leading the way higher at 1.48 percent let's take a look at some cues from last

00:25session uh sectors gaining on friday included energy utilities and real estate with uh which

00:33recorded the biggest gains as most s&p sectors or segments closed positively

00:39investors weighed two major developments out of washington a significant step forward towards

00:47ending the uh the record long government shutdown and a surprise stimulus proposal uh from president

00:53trump a key vote took place in the senate on sunday advancing the funding bill aimed at ending the

00:5840-day schumer government shutdown meanwhile trump posted a proposal for a two thousand dollar

01:05tariff dividend in a social media post on sunday however treasury secretary scott besant suggested

01:11any dividend may arrive through other means other than checks in the mail the 10-year treasury bond

01:17yielded 4.13 percent and the two-year bond was at 3.59 percent and we do have some stocks in focus

01:25today on a monday first one here is going to be ticker oxy oxy that's occidental petroleum that rode

01:31seven tenths in the pre-market on monday as it expected to post its quarterly earnings of 52 cents per

01:37share on revenue of 6.68 billion after the market closes today so oxy on our list here for earnings

01:45today after the close via sat ticker vsat that jumped 13.21 percent after it posted earnings of

01:53nine cents per share on sales of 1.41 billion for the second quarter micron someone already mentioned

02:00sandisk micron also on our list for stocks in focus here today ticker mu that gained 4.48 percent

02:08after reports of rising prices for next generation hbm4 memory trip chips doesn't seem like this stuff

02:14is going anywhere nvidia making our list here today they jumped 3.23 percent after last week's losses

02:22they're leading the nasdaq and the s p 500 higher here this morning in fact if we do a quick check

02:29on nvidia right now holding here at 194 this morning after closing at 188 15 on friday the last stock on our

02:37list is going to be taiwan semiconductor ticker tsm it climbed 2.76 percent after its october revenue

02:45climbed 17 percent year over year to 11.99 billion i remember tsm the thing behind the thing there for

02:52a lot of this ai play uh good momentum good quality ranking and a better scoring value ranking

02:59intact price trend short medium and long term

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