Nvidia, Futures and Inflation
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Asian stocks trade mixed on Wednesday, followed by a weak lead from Wall Street overnight, as hotter-than-expected June inflation data reignited concerns about prolonged high interest rates and potential import levies Meanwhile,
U.S. stock futures were mostly higher Tuesday after Nvidia set it's likely to resume sales of key chips to China, with a key inflation report and bank earnings on the way. Dow Jones Industrial Average futures fell 71 points,
U.S. stock index futures were marginally lower on Thursday, cooling after Nvidia's sprint to a $4 trillion valuation supported markets the day before, while investors turn their attention to economic data and trade talks.
June inflation data released Tuesday represented an increase from May levels, despite the headline numbers matching expectations.
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Dow futures mixed as Wall Street eyes bank earnings, inflation data, and tariff risks in a cautious trading session.
Nvidia growth estimates to get a boost as the U.S. lifts chip export curbs on China, bringing the estimates 10% higher, says Gene Munster.
Stock futures were little changed on Wednesday evening after the S&P 500 recouped some of its losses from this week's tariff-fueled slide. S&P 500 futures traded just below the flatline, along with Nasdaq 100 futures. Futures tied to the Dow Jones Industrial Average were down 37 points, or less than 0.1%.
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Investor's Business Daily on MSNDow Jones Futures: Nvidia Chipmaker, Netflix Loom After Trump-Powell Blip; Ferrari Breaks OutDow Jones futures fell slightly after hours, along with S&P 500 futures and Nasdaq futures. United AirlinesUAL reported mixed results late Wednesday. NvidiaNVDA and AMD chipmaker Taiwan SemiconductorTSM headline earnings early Thursday with NetflixNFLX due after the close.