Futures for U.S. markets turned negative late Thursday as investors rethought the gains of the week following the surprise election of Donald Trump as the 45th president.
The S&P 500 slipped 0.22%, the Dow Jones Industrials 0.18% and Nasdaq 0.58% at 9:10 p.m. ET, indicating a lower open for U.S. markets.
The Dow on Thursday closed at a record and the S&P neared its latest record, set in August, as investors bet Trump will provide the economic stimulus needed to keep the economy growing. Weak earnings from the likes of Disney (DIS) spooked tech and media investors, but analysts expect the rally to continue.
The Dow closed up 1.17% while the S&P gained 0.2% Thursday. Nasdaq closed 0.81% lower. European shares closed with Germany's Dax off 0.15%, the FTSE in London 1.21% and the Cac in Paris 0.28%.
Asia entered the final trading day mixed after the Nikkei jumped nearly 7% on the back of Trump's election. In early trading, the Nikkei in Japan rose 1.07% while Australia's ASX gained 0.24% at 9:01 p.m. ET. The Kospi in South Korea lost 0.6% and the Hang Seng in Hong Kong pared 1.6%
In energy, oil extended Thursday's decline as Asian investors awoke, with a barrel of industry standard Brent crude delivered in January costing $45.62, a decline of 0.48%, and a barrel of West Texas crude delivered in December costing $44.38, a drop of 0.63%, at 9:06 p.m. ET.
In after-hours trading, shares of Nvidia (NVDA) jumped 14.73%, to $77.75 after the video chip manufacturer reported third-quarter revenue of $2 billion, up 54% annually, and EPS of 83 cents, trouncing consensus analyst estimates of $1.69 billion and 60 cents. It also guided for fourth-quarter revenue of $2.1 billion (plus or minus 2%), well above a $1.69 billion consensus and implying 50% annual growth at the midpoint.