Stock Futures Falling. Tech Weighs After Nvidia Fails to Meet High Bar.

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Stock futures pointed higher early Thursday as investors digested Nvidia’s earnings report and its impact on the broader market.

Dow Jones Industrial Average futures rose 146 points, or 0.3%. S&P 500 futures were up 0.2%, while those tied to the tech-heavy Nasdaq 100 recovered from an initial slump to rise 0.1%. There was a lack of direction Wednesday in anticipation of the chip maker’s earnings–the Dow eked out gains in yesterday’s session, while the S&P 500 was flat and the Nasdaq Composite closed 0.1% down.

Nvidia’s earnings have become a key event for markets, and Wednesday’s report was no different. The company beat expectations in its fiscal third quarter, and its outlook for the January quarter also topped estimates.

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