US Stock Market Fluctuation | October PPI below expectations, Nasdaq futures up 0.40%, most leading tech stocks rise in pre-market trading

智通 Finance APP has learned that on Friday, all three major U.S. stock index futures rose, with Nasdaq futures up 0.40%. Most leading tech stocks climbed in pre-market trading: Nvidia (NVDA.US) surged over 2%, while Google A (GOOGL.US), Amazon (AMZN.US), Tesla (TSLA.US), and TSMC (TSM.US) rose more than 1%. On the news front, the U.S. October Producer Price Index (PPI) increased 6.5% year-on-year, with the estimate at 6.6% and the previous value at 6.3%. Month-on-month, it rose 0.3%, with the estimate at 0.4%. The U.S. October core PPI grew 5% year-on-year, matching expectations, with the previous value also at 5%. In October, the core PPI increased 0.3% month-on-month, aligning with forecasts, and the previous value was revised from 0.7% to 0.8%. Following the release of the PPI report, traders lowered their expectations for Federal Reserve tightening policies.