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Wall Street Poised To Extend Record Run On Tech Strength, Tesla Soars, GameStop Rebounds: Analyst Says 'Bull Market Has Legs Left'

Benzinga ·  Jun 13 19:45

Futures trading suggests a mixed start on Thursday, with tech stocks potentially helping to weather profit-taking-induced weakness.Broadcom Inc.(NASDAQ:AVGO) andTesla, Inc.(NASDAQ:TSLA) are likely to lead the tech charge, with the former reacting to earnings release and the latter to the likelihood of shareholders approving CEOElon Musk'spay package. Traders may also keep an eye on the producer price inflation report for confirmation regarding a gradual let-up in pricing pressure, and the weekly jobless claims report.

FuturesPerformance (+/-)
Nasdaq 100+0.63%
S&P 500+0.10%
Dow-0.30%
R2K-0.65%

In premarket trading on Thursday,the SPDR S&P 500 ETF Trust (NYSE:SPY) rose 0.11% to...

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