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DJIA Futures Sag 150Pts+; Marvell Surges ~24% Premarket; Europe Stocks Hike Broadly in Early Trade
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As markets monitored developments surrounding Iran, futures of the three major US stock indices traded softer. DJIA futures sank 152 points, or 0.3%. S&P 500 futures and Nasdaq futures shed 0.12% and 0.05%, respectively. US President Donald Trump said that even if peace talks with Iran ultimately collapse, he does not care. Chip technology company Marvell Technology, Inc. (MRVL.US) surged 23.6% in pre-market trading to USD271.3. CEO Matt Murphy delivered a keynote speech in Taipei today (2nd), with support from NVIDIA Corporation (NVDA.US) CEO Jensen Huang. Marvell was also expected by the CEO to potentially become a "trillion-USD company" in the future. NVIDIA announced in March this year that it would invest USD2 billion in Marvell to launch a strategic partnership. Major European stock markets advanced across the board in early trade on Tuesday (2nd). The pan-European STOXX 600 gained nearly 0.7% to 625.43. The UK FTSE 100 rose nearly 0.4% to 10,378. France's CAC added 0.8% to 8,212. Germany's DAX climbed nearly 1.1% to 25,270. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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