British News Agency

Futures tied to the Dow Jones Industrial Average gained 136 points, or 0.3%. S&P futures rose 0.3%, while Nasdaq 100 futures added 0.2%.

On Thursday, tech stocks saw a sharp reversal in the second half of the session as investors’ expectations surrounding the Federal Reserve’s upcoming rate decision weakened.

Nvidia’s strong third-quarter results and optimistic outlook pushed the Dow Jones up roughly 718 points and lifted the S&P 500 by 1.9% at one point, but the chipmaker’s rally faded as the broader market turned lower. Nvidia closed down about 3.2%, and is on track to finish November with a 10.8% decline — its worst month since March.

At market close, the 30-stock Dow fell around 386 points, or 0.8%. The S&P 500 dropped 1.6%, while the tech-heavy Nasdaq Composite slid roughly 2.2%. Bitcoin retreated to its lowest level since April 21.

Another factor adding stress to the market Thursday was delayed September employment data, which showed stronger-than-expected job growth but an unexpectedly weak unemployment rate, presenting a mixed picture of the U.S. labor market.

Following the release, expectations for a December rate cut remained low. Analysts said investors were pricing in about a 40% chance of a quarter-point cut next month.

After investors took profits from several high-performing stocks, major U.S. indexes were poised to end the week lower: the S&P 500 fell 2.9% on the week, the Dow nearly 3%, and the Nasdaq 3.6%.