U.S. stocks were essentially flat today following yesterday’s Wall Street gains after Nvidia and other companies reported even better profits than expected, the Associated Press reports. The futures for the S&P 500 edged down 0.1%, and futures for the Dow Jones Industrial Average were virtually unchanged.
On Thursday, nearly 90% of the stocks in the S&P 500 advanced, and gains were even bigger among smaller companies. The Russell 2000 index jumped a market-leading 1.7%.
Bitcoin got a boost after Gary Gensler, the chair of the Securities and Exchange Commission, said Thursday he would step down in January. Gensler has pushed for more protections for crypto investors.
In energy trading this morning, benchmark U.S. crude gained 26 cents to $70.36 per barrel. Brent crude, the international standard, added 29 cents to $74.52 per barrel.
In currency trading, the U.S. dollar fell to 154.38 Japanese yen from 154.52 yen.
