Dow futures pop more than 100 points after US eases trade restrictions on Huawei [CNBC]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: CNBC
Dow futures pop more than 100 points after US eases trade restrictions on Huawei VIDEO 0:44 00:44 Futures point to higher open as Trump rolls back some Huawei restrictions Morning Report U.S. stock index futures At around 7:10 a.m. ET, Dow S&P Nasdaq On Monday night, the U.S. government temporarily eased some trade restrictions The U.S. Commerce Department said it would allow Huawei to purchase American-made goods in order to maintain existing networks and provide software updates to existing Huawei handsets until Aug. 19. Shares of chipmakers like Micron Technology, Qualcomm and Xilinx all rose more than 2%. Nvidia and Lam Research gained 1.5% and 1.8%, respectively. The temporary easing of trade restrictions won some respite with market participants ahead of Tuesday's opening bell. However, an increasingly fraught atmosphere between Washington and Beijing has kept financial markets on edge, with investors abandoning any hopes of an early resolution to the protracted trade dispute. T
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MU
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- 4/4/24 - Form 4
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