Dow Jones futures rose modestly early Friday morning, along with S&P 500 futures and Nasdaq futures. The stock market rally made strong gains Thursday, continuing rebounds from Wednesday's lows. But volume was light.
Applied Materials (
AMAT) headlined earnings reports late Thursday, with potentially big implications for fellow chip-equipment makers, the broader semiconductor sector and even the Nasdaq itself. Many chip stocks, including
ASML (
ASML),
Lam Research (
LRCX),
Brooks Automation (
BRKS),
Nvidia (
NVDA) as well as AMAT stock flashed some bullish signals during the regular session.
Tech titans
Facebook (
FB) and Google parent
Alphabet (
GOOGL) remain among the more-attractive tech stocks.
Apple (
AAPL) and
Microsoft (
MSFT) also had nice gains Thursday, bolstering the major indexes, but haven't shown as much leadership. The same goes for
Tesla (
TSLA), which remains below moving averages.
While tech stocks thrived, mining, metals, financials largely sat out Thursday's rally after tumbling Wednesday.
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