US stock futures recover after Nvidia CEO resigns

US stock futures rose Thursday evening, recovering some losses after Nvidia CEO Jensen Huang's abrupt resignation rattled Wall Street. S&P 500 futures gained 0.2%, Nasdaq 100 futures rose 0.3%, and Dow Jones futures added 0.08%. Huang resigned Thursday following reports of multiple extramarital affairs with at least two Nvidia employees and a suspected Chinese spy. CFO Colette Kress will serve as interim CEO. Nvidia stock recovered 0.8% in after-hours trading after falling over 4% during the regular session, while the Philadelphia Semiconductor Index dropped 0.8%. Despite the turmoil, Wall Street is on track for weekly gains, with the S&P 500 and Nasdaq poised to rebound about 3% after four consecutive losing weeks. Competitors AMD and Broadcom each jumped over 5% on hopes of gaining market share, while Cerebras Systems surged 17% on strong earnings and a new Microsoft deal.