Stock Index Futures Rally as Oil Prices Tumble on U.S.-Iran Talks

In Friday’s trading session, Wall Street’s major equity averages closed sharply lower. The Magnificent Seven stocks slid, with Nvidia (NVDA) and Tesla (TSLA) falling over -3%. Also, chip and AI-infrastructure stocks sank, with Sandisk (SNDK) slumping more than -8% and Intel (INTC) dropping -5%. In addition, Super Micro Computer (SMCI) plummeted over -33% and was the top percentage loser on the S&P 500 after the U.S. government charged a company co-founder and two other individuals with participating in a sc ...