Dow Jones Futures: Bears Rule As More Leaders Crack, But Ultimate AI Stock Nvidia Fights On

Dow Jones futures were little changed early Friday, along with S&P 500 futures and Nasdaq futures.




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Applied Materials (AMAT) and Ross Stores (ROST) headlined overnight earnings, with Deere (DE) and China EV startup XPeng (XPEV) due early Friday.

The stock market continued to bleed on Thursday while Treasury yields kept rising. The major indexes tried to hold their ground, helped by Cisco Systems (CSCO) rallying on earnings. But once again stocks weakened as the session wore on. The Dow Jones fell below its 50-day line, joining the Nasdaq, S&P 500 and Russell 2000.

Leading stocks suffered more damage, looking bad even when the major indexes were flat. Homebuilders Lennar (LEN), KB Home (KBH) and D.R. Horton (DHI) broke lower.

Nvidia (NVDA), the stock of the 2023 market rally, largely held its ground as yet another analyst made bullish comments about NVDA stock heading into…

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