Stock futures were higher early Friday, with the Nasdaq looking to return to gains while and the Dow in position to break its losing streak; chipmaker Broadcom (AVGO) soared as it reported strong revenue growth on surging artificial intelligence (AI) sales; Costco Wholesale (COST) beat earnings estimates in its first report since raising its membership fee; furniture retailer RH (RH) jumped after posting a quarterly profit and raising demand projections; Apple (AAPL) shares moved higher on analyst optimism over the company’s AI products.
Here’s what investors need to know today.
Stock futures were higher premarket after markets gave back some recent gains in the prior session. The Nasdaq was higher by 0.5% in early trading after the tech-focused index fell below 20,000 after crossing the level for the first time. Futures trading tied to the S&P 500 was recently up by 0.3%, while Dow Jones Industrial Averagefutures …