Futures climb on stimulus hopes, Nvidia results

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Futures climb on stimulus hopes, Nvidia results
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U.S. stock index futures rose 1per cent on Friday, as hopes of more stimulus from central banks helped lift some gloom in what has been a ...

REUTERS: U.S. stock index futures rose 1per cent on Friday, as hopes of more stimulus from central banks helped lift some gloom in what has been a turbulent week for markets.

Among stocks, Nvidia Corp jumped 6per cent in premarket trading after posting better-than-expected quarterly profit and revenue. At 7:02 a.m. ET, Dow e-minis were up 251 points, or 0.98per cent. S&P 500 e-minis were up 28.5 points, or 1per cent and Nasdaq 100 e-minis were up 96.75 points, or 1.29per cent.Upbeat U.S. retail sales data on Thursday overshadowed conflicting signals on trade. President Donald Trump said both sides were holding"productive" trade talks even as Beijing vowed to take necessary counter-measures to the latest round of tariffs on Chinese goods.

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