Stay ahead in the financial market with our exclusive coverage of stock-index futures trading. Here’s the latest update:
- S&P 500 futures up by 0.1%
- Dow Jones Industrial Average futures down by 0.01%
- Nasdaq 100 futures gaining 0.15%
On Tuesday, major indices showed positive movement:
- Dow Jones Industrial Average rose by 0.02% to 41,251
- S&P 500 increased by 0.16% to 5,626
- Nasdaq Composite gained by 0.16% to 17,755
As traders exercise caution ahead of Nvidia’s results and guidance, futures are slightly higher on Wednesday. The Dow Jones is at a record high, while the S&P 500 is nearing its previous peak, driven by hopes of interest rate cuts by the Federal Reserve.
However, the Nasdaq Composite remains below its closing high, impacted by profit-taking on tech stocks. Nvidia, a key player in the AI trade, is expected to influence market sentiment with its earnings announcement.
According to senior analyst Ipek Ozkardeskaya, Nvidia’s results could lead to significant post-earnings volatility, with the stock potentially moving up or down by 10% based on options pricing.
Don’t miss out on the potential market shifts and stay informed with our expert analysis and insights.